Chibuike_Odoh

SXPUSDT (SXP) - POTENTIAL BREAKOUT

Long
BINANCE:SXPUSDT   SXP / TetherUS
ANALYSIS 🔎
- SXPUSDT is consolidating in an ascending triangle pattern.
- This is a bullish build up pattern.
- Price testing the ascending triangle's horizontal resistance.
- There's an upward breakout potential.

BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.

TARGETS 🎯
- Fibonacci extension levels.
- Projected ascending channel resistance.

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.

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