$SXP
SXP
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BULLISH CONTINUATION SETUP
The chart shows a strong bullish structure with price holding above support near 0.0604 and forming higher lows. Consolidation around 0.0649 indicates accumulation, suggesting a continuation toward higher resistance levels. Momentum favors buyers, making it a solid setup for trend-following positions.
Entry: Above 0.0650
Targets:
TP1: 0.0666
TP2: 0.0680
TP3: 0.0700
Stop Loss: 0.0630
Risk Management: Risk only 1–2% per trade and secure partial profits at TP1 to reduce exposure.