$SXP is still stuck under pressure, and the chart shows sellers remain in control.

SXP is trading at 0.0049, down -16.95% in the last 24 hours, after reaching a 24H high of 0.0060 and falling to a 24H low of 0.0047. Volume is active, with 111.59M SXP and 603,810.76 USDT traded, while the pair remains under Monitoring.

On the 15m chart, SXP shows a hard breakdown from the upper range, followed by weak sideways action near the lows. Price is now hovering around 0.0049, which tells us buyers have slowed the fall, but they still have not reclaimed momentum. The immediate resistance sits near 0.0051, while 0.0047 is the key support bulls need to defend.

SXP is weak, compressed, and sitting close to danger.

If buyers cannot reclaim the nearby resistance zone, downside pressure may continue, but if 0.0047 holds, a short relief bounce could appear fast.