SXPUSDT Double Fibonacci Resistance and Potential Gains
SXPUSDT showcases a transition from supply to demand zones, successfully respected within its price action. Notably, the bounce off the 61.8% Fibonacci retracement level, coupled with the subsequent rebound from the 38.2% support and the clean bounce off the simple uptrend trendline, indicates the initiation of an upward wave.
As a result, our forecast anticipates SolarNetwork to persist in its upward trajectory towards the double Fibonacci resistance area near $0.54. Should this level be attained, traders and investors could secure a solid 30% gain.
As a result, our forecast anticipates SolarNetwork to persist in its upward trajectory towards the double Fibonacci resistance area near $0.54. Should this level be attained, traders and investors could secure a solid 30% gain.
Order cancelled:
Canceling the bullish forecast
