SXPUSDT D1 Analysis | Rank : 264👀 Welcome to my Trading View Analysis and Trading Channel Here , we share the latest market analysis, trading signals, and key insights together .
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⚡️Today , we're going to analyze the SXP (Solar) coin together on the daily timeframe and find triggers for our positions
SXP - Pivoting at 0.2100SXP is trading near 0.2100, which is at the lower end of its recent range between 0.1953 and 0.2357. This level seems to be a key pivot point, as the price is holding above the 100-period moving average, a line that has acted as support so far. However, the price is showing signs of consolidation, a
#SXP/USDT#SXP
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support a
$SXPUSDT — Watching the Blue Box for the Next Decision PointI’ve had BINANCE:SXPUSDT on my radar today, not randomly — it’s one of the top gainers by volume percentage, which usually hints that the smart money has rotated into this chart.
🔵 Blue Box Support Zone in Play
We’re sitting just above a clear demand zone — the blue box marks where the last big i
#SXP/USDT#SXP
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a rebound from the lower boundary of the descending channel, which is support at 0.1915.
We have a downtrend on the RSI
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.