SXPUSDT doesn't look good,
It's following the big cryptocurrencies and on a downtrend. This coin actually has too many resistance areas to break if it wants to go back up.
Right now it's pushing the lower band down and the $1.7 - $2.0 area is the support for now.
If it breaks support: a liquidation and fall is expected.
If it breaks out of the "white line" above the green support lines, then we can see a break out through all those resistances.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
It's following the big cryptocurrencies and on a downtrend. This coin actually has too many resistance areas to break if it wants to go back up.
Right now it's pushing the lower band down and the $1.7 - $2.0 area is the support for now.
If it breaks support: a liquidation and fall is expected.
If it breaks out of the "white line" above the green support lines, then we can see a break out through all those resistances.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
交易結束：目標達成:
Consolidating. high chances of an uptrend