Let me break this down for you…
Right now, $SXP is stuck inside a tight consolidation, bouncing between support near 0.0680 and a strong rejection zone around 0.0722–0.0727, where it keeps getting pushed back down. Every time price tries to break above, sellers immediately step in and drag it back into the range. This kind of repeated rejection usually shows that bulls don’t have enough strength yet — but the support at 0.0680 is still holding, which means a clean breakout either direction can give us the next move.
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Trade Setup
Entry: 0.0680 – 0.0690
Targets:
• TP1: 0.0710
• TP2: 0.0725
Stop Loss: 0.0668
SXPUSDT
Bezterm.
0.0624
-12.11%