📊 $SXT /USDT – Price Analysis & Trading Plan
Current Price: $0.0811
24h Range: $0.0769 – $0.0873
24h Change: -7.00% 🔻
Volume Spike: 38.58M SXT traded – showing strong activity around key levels.
📉 Market Insight:
SXT is under pressure after getting rejected from the $0.0873 resistance zone. The price has dipped sharply and is now testing the $0.0769 support area. Sellers are in control, but a bounce from this zone is possible if volume supports reversal.
The structure currently favors range-bound trading with a bearish tilt unless price reclaims $0.0840+.
📌 Trade Setup – SHORT BIAS (Risk-Controlled):
🔻 Entry Zone: $0.0810 – $0.0830
🎯 TP1: $0.0782
🎯 TP2: $0.0764
🛡 Stop Loss: $0.0855
📉 Bias: Short if rejection seen again at $0.0830–$0.0840.
🛠️ Alternative Plan – SCALP LONG (If support holds):
If price consolidates strongly above $0.0770 with buying strength:
🔼 Entry Zone: $0.0780 – $0.0795
🎯 TP: $0.0830
🛑 SL: $0.0759
🎯 Play quick rebounds from support zones in high volume scalps.