SXP analysis: SXP broke the rising wedge and now testing the | Crypto Chart Alerts

SXP analysis:

SXP broke the rising wedge and now testing the support of the $0.380-$0.388 area. You can open a long position at the support level with tight stop loss. If SXP broke this support level then we see a dump towards the major support of $0.313-$0.335 area. The local resistance is $0.42 and $0.445-$0.45 area.