$SXP just bounced from 0.0647 and I’m watching how the chart is trying to settle after that long wick up to 0.0772. That wick shows strong buyers tested the upside fast, but the pullback after it is normal. When a coin makes a sudden spike like that, it usually goes into a cool down phase before deciding the next move. I’m seeing how price keeps holding around 0.0670 which tells me sellers couldn’t push it back to the lows.

I’m watching the 15m candles staying steady without breaking the support zone again. This kind of tight range often becomes the base for the next attempt. If buyers hold this level, SXP can try to reclaim the upper range again and aim for the imbalance left behind.

Entry Point

0.0665 to 0.0675

Target Point

TP1: 0.0708

TP2: 0.0735

TP3: 0.0765

Stop Loss

0.0643

How it’s possible

The bounce from 0.0647 formed the first higher reaction. I’m seeing how price refuses to revisit that low which shows hidden strength. If the chart keeps holding the entry zone, it can lift back toward the upper levels because the fast wick created empty space that often gets revisited once momentum returns.

Let’s go and trade now $SXP