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Technical analysis by CryptoAnalystSignal about Symbol SXP: Buy recommendation (2/25/2025)

https://sahmeto.com/message/3273597
CryptoAnalystSignal
CryptoAnalystSignal
Rank: 30933
1.2

#SXP/USDT

Buy
Price at Publish Time:
$0.20879
Profit Target:
(+12.55%)$0.235
Stop Loss Price:
(-1.82%)$0.205
Buy،Technical،CryptoAnalystSignal

#SXPThe price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest itWe have a bounce from the lower limit of the descending channel, this support is at a price of 0.2050We have a downtrend on the RSI indicator that is about to break and retest, which supports the riseWe have a trend to stabilize above the moving average 100Entry price 0.2087First target 0.2167Second target 0.2247Third target 0.2350#SXP First target 0.2167 Reached Second target 0.2247 Reached Third target 0.2350 Reached

Source Message: TradingView
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