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$SXP Trade Idea with Buy Zone and Possible Targets!Hi Traders, $SXP had a good pump after the news, they're moving to their own Blockchain "Solar", Keepin the #SXP as the Project Coin! What I suggest is to NOT enter FOMO Please, wait for a retrace to the mentioned Buy Zone and USE A STOPLOSS 1 DAY CLOSE BELOW 0.99$ Entry can also be made with a Stop Limit Order at 1.64$ Targets are: 1.84$ 2.34$ NFA, DYOR, and Good Luck. Remember: Never Use More Than 5% on Any Trade, and Always use a StopLoss.
Long
by ScalperDotCom
SXPUSDT Retracement In Play, Get Ready! 📉SXP is bullish this month. Keep an eye on it. Moon Cup formed on the daily or otherwise called Cup-and-Handle . Then a huge parabolic move, close to the ATH of $5 . Bulls failed to push higher beyond known Resistance of $3.5 area. Bears took over for a ride down. Though after the latest rally, it is crypto-logical to see a retracement before returning to hit ATH . Support levels on the way down at $2+ and another near Pivotal zone Death Cross already in play on EMA, 1H. I expect a bounce from Yellow Zone , near 618 Fibonacci. If broken, we go lower near Red Zone except Bulls show great courage. You may set buy entry near the zones, employ DCA in your buying strategy. I have my trap at $2.53 . if it drops lower, I will buy more using DCA . SXP was moving irrespective of BTC , hope to see more of it again. Follow 🚶 Like 👍 Share your thoughts !
Long
by CryptonKidd
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