🛡️ SXP/USDT – THE BULLISH DIVERGENCE REVERSAL 🛡️
Solar (SXP) has recently hit a historical low, but the technicals are now screaming "reversal"! We have identified a strong bullish divergence on the 4-hour RSI within the last 14 candles. While the 200-day MA is still sloping down, the short-term 50-day MA is starting to curve upward, signaling the start of a trend shift.
SXP
0.0476
-11.85%
Futures Signal Analysis:
Direction: LONG 🟢
Leverage: 5x - 10x (Cross)
Entry Range: $0.0510 - $0.0545
Take Profit: TP1: $0.0620 | TP2: $0.0750 | TP3: $0.0910
Stop-Loss: $0.0430 (Just below the new ATL)
Analysis: Entering here offers a high risk-to-reward ratio as the asset recovers from extreme oversold conditions.