$SXP /USDT – Momentum Breakout Attempt 🚀
Momentum Analysis
SXP is showing strong short-term strength with +12.06% gains. Price pushed close to resistance after a sharp impulse, indicating active buyers. Volumes expanded, but price is now testing supply near the upper band — expect either a clean continuation or a healthy pullback before the next leg.
Long Setup
Entry Zone: 0.0700 – 0.0735
Targets:
T1: 0.0770
T2: 0.0797
T3: 0.0830 (extension if breakout confirms)
Stop Loss: 0.0660 (below structure support)
Breakout Confirmation Level
Above: 0.0805 (strong close needed on 1H/4H)
Key Support Levels
0.0701 → intraday support
0.0667 → demand zone
0.0640 → invalidation level
Trading Data Snapshot (Binance)
Price: 0.0734
24h Change: +12.06%
24h High: 0.0797
24h Low: 0.0640
24h Volume: 46.58M SXP | 3.34M USDT
Timeframes Watched: 15m / 1h / 4h / 1D
Depth Resistance: 0.0770 – 0.0805
Depth Support: 0.0701 – 0.0667
Pro Tip 🧠
Don’t chase green candles near resistance. Either wait for a confirmed break above 0.0805 or buy pullbacks into support with tight risk control.