$SXP
SXP
0.0698
+25.31%
USDT just printed a very aggressive impulsive candle after a long period of slow accumulation. Moves like this usually attract late buyers, but the market often takes a pause or correction before continuing. The long wick and tight candles near the top show buying pressure is fading and profit-taking has started. Price is sitting at a short-term resistance zone, and if it fails to hold this level, a pullback toward the previous breakout area is very likely. This setup favors a short scalp while the market cools down.
Targets:
TP1: 0.0620
TP2: 0.0595
Stop Loss:
0.0675