I’m watching $SXP after a strong move and a clean pullback on the 15m chart. Price is cooling off right above a key support zone, and the volume drop confirms sellers are losing momentum. I’m keeping it simple and waiting for a tight reaction zone.
Trade Setup (15m)
Entry Zone:
0.0640 – 0.0632
Target Points:
• TP1: 0.0665
• TP2: 0.0690
• TP3: 0.0710
Stop Loss:
0.0622
Why this setup works:
I’m taking this because the chart shows a controlled pullback into a demand level where buyers previously stepped in. MA(5) and MA(10) are flattening, which usually signals a possible bounce. As long as price holds above the support band, the upside reaction stays valid.
