💡Don't miss the great buy opportunity in SXPUSD @Swipeio
Trading suggestion:
“. There is a possibility of temporary retracement to the suggested support line (1.261).
. if so, traders can set orders based on Price Action and expect to reach short-term targets.”
Technical analysis:
. SXPUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 76.
Take Profits:
TP1= @ 1.345
TP2= @ 1.385
TP3= @ 1.451
TP4= @ 1.509
TP5= @ 1.585
SL= Break below S2
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