#SXP
The price is moving in a bearish channel on a 12-hour frame and is adhering to it well. The price has rebounded from the green zone, which is expected to be retested at 0.300.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is expected to break higher to support the rise
Entry price is 0.300
The first goal is 0.360
The second target is 0.4100
The third goal is 0.4666
The price is moving in a bearish channel on a 12-hour frame and is adhering to it well. The price has rebounded from the green zone, which is expected to be retested at 0.300.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is expected to break higher to support the rise
Entry price is 0.300
The first goal is 0.360
The second target is 0.4100
The third goal is 0.4666