$SXP
SXP
0.0652
+19.85%
BULLISH TECHNICAL ANALYSIS – BUYERS RETAIN CONTROL AS MOMENTUM BUILDS
$SXP is maintaining a strong bullish structure after reclaiming key resistance zones and forming consistent higher lows. Buying pressure remains active, with candles holding above short-term support, indicating continuation potential toward upper resistance levels. Momentum suggests the next move is likely an upside extension if the structure remains intact.
Trade Plan:
TP1: 0.0700
TP2: 0.0740
TP3: 0.0780
SL: 0.0600
Risk Management:
Risk 1–2% only, use strict position sizing, and keep SL below major support to protect capital.
