$SXP – BULLISH REBOUND SETUP FORMING

SXP just pulled back into the same demand zone that previously triggered a strong upside push, and the candles are now showing early signs of stabilization. This zone has acted as a springboard before, and with $SXP holding above 0.0640, the market is hinting at another potential bounce if buyers step in with momentum.

Trade Setup (Long):

Entry Range: 0.0640 – 0.0648

Target 1: 0.0665

Target 2: 0.0682

Target 3: 0.0700

Stop Loss (SL): 0.0628

Market Outlook:

As long as SXP holds the lower boundary of the range, a bullish continuation remains the higher-probability move. However, losing the support would shift momentum sharply.