I’m watching $SXP here because the 15m chart is holding a tight range after a strong bounce. Price is stabilizing around 0.0650, and I’m seeing buyers defend this zone repeatedly. I’m keeping it simple and planning a range-break move.

Trade Setup (Short & Clear)

Entry Zone: 0.0642 – 0.0650

Target Point(s):

• First target: 0.0665

• Second target: 0.0678

Stop Loss: 0.0632

Why this setup works:

I’m taking this setup because the pullback is shallow, volume is tapering, and candles are forming higher lows inside support. As long as price stays above 0.0642, the push toward the upper range is likely.