SXP Buyers Are Exhausted. The Wick Tells The Story.
Entry: 0.0645 🟩
Target: 0.0595 🎯
Stop Loss: 0.0705 🛑
The rejection wick on $SXP was brutal. Buyers threw everything they had at the top and failed instantly, confirming a massive exhaustion signal. Momentum has flipped hard to seller control, and the volume confirms weakness—green candles are dying. This is not a bounce. If the $0.06 support breaks, look for a swift, vertical slide toward the major liquidity pocket near $0.05. This downside move is imminent. The technical structure is screaming bear.
NFA. DYOR.
#SXP #ShortSetup #CryptoTrading #Alts
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SXP
0.0646
+16.18%
