$SXP

SXP

0.0636

+2.41%

Long trading signal

Current price: $0.0668

Highest price in 24 hours: 0.0742

Lowest price in 24 hours: 0.0539

Trading setup (breakout with upward momentum)

Entry area: $0.0660 – $0.0685

Target 1: $0.0715

Target 2: $0.0745

Target 3: $0.0780

Stop loss: $0.0635

Analysis:

SXP recorded a strong breakout from the range of 0.055 – 0.060, successfully establishing upward movement above the 0.066 area. The price currently shows a positive continuation pattern supported by strong volume flow and rising bottoms, reflecting a clear dominance of buyers. As long as the price maintains the level of 0.065, the chances for extension towards 0.0745 then 0.0780 remain high.

Trade $SXP according to the specified setup with confidence.