parissap

SXP near to break out or rejection

BINANCE:SXPUSDT   SXP / TetherUS
#SXP/USDT
$SXP is above long term support zone and a weekly candle break out from descending resistance line, to make sure about the break out better to wait break out of last descending trend line that is the same with resistance zone around $2.2 and $2.5
if bulls success to break out form this zone, price will increase toward resistance around $3.5 and if want to touch the target of triangle it can touch $7 and $7.5 in long term.
but if price reject from current resistance zone it can break the support zone and drop to $0.98 and $0.83

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