Technical Analysis behind SXP USDT trade:
1. Supported by the immediate support area.
2. Hammer Candlestick pattern formed, a bullish sign.
3. Supported by the 200 Days SMA.
4. RSI is at 40, a bullish sign.
5. Volume & Momentum analysis also supports the trade.
6. The stop loss is based on the volatility indicator (ATR)
1. Supported by the immediate support area.
2. Hammer Candlestick pattern formed, a bullish sign.
3. Supported by the 200 Days SMA.
4. RSI is at 40, a bullish sign.
5. Volume & Momentum analysis also supports the trade.
6. The stop loss is based on the volatility indicator (ATR)
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