Technical analysis by CryptoAnalystSignal about Symbol SXP: Buy recommendation (6/19/2025)

#SXPThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a rebound from the lower boundary of the descending channel, which is support at 0.1587.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 0.1624First target: 0.1666Second target: 0.1736Third target: 0.1807#SXPFirst target: 0.1666 ReachedSecond target: 0.1736 ReachedThird target: 0.1807 Reached