MyCryptoParadise

SXP/USDT Bullish horizons? πŸ‘€ πŸš€ SXP Today analysis

Long
BINANCE:SXPUSDT   SXP / TetherUS

πŸ’Ž Paradisers, take note of the promising developments with SXPUSDT, as it exhibits a compelling bullish pattern. The asset has recently surpassed a key supply level, hinting at a heightened likelihood of a bullish trajectory.

πŸ’Ž Observing its historical performance, SXPUSDT has consistently adhered to its trendline, breaking above it to initiate an upward trend. Currently, it's making strides above the .3630 supply level, suggesting a potential move to challenge the bearish Order Block.

πŸ’Ž While some market newcomers might be considering short positions at this juncture, astute traders should stay informed and ahead of the curve.

πŸ’Ž Should SXPLUSDT falter in maintaining its upward momentum, a bullish resurgence from the .2944 level could be on the cards. However, a break below this point may lead to a significant bearish movement.

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