DegenTrades
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$SXT /USDT BEARS TAKE CONTROL — SHORT-TERM DOWNTREND BUILDING BELOW KEY SUPPORT ZONE 📉🔥
📌 Current Price: $0.0780
🔻 24h Change: -3.23%
🔍 7-Day Drop: -20.57%
📉 30-Day Slide: -39.58%
🔍 TECHNICAL OUTLOOK (1H/4H Timeframe):
$SXT is showing consistent lower highs and lower lows, confirming short-term bearish pressure. The price is now testing a critical support level, and any break below could signal further downside.
📊 KEY LEVELS TO WATCH:
Immediate Resistance: $0.0816 (24h high / overhead barrier)
Major Resistance Zone: $0.0835 – $0.0850
Current Price: $0.0780
Immediate Support: $0.0772 (24h low)
Major Support Zone: $0.0740 – $0.0750
🔧 TRADE SETUP (Short Idea):
Position: SHORT
Entry: $0.0785 – $0.0790 (if price rejects $0.0816 zone again)
Target 1: $0.0755
Target 2: $0.0720
Stop Loss: $0.0825
📈 Confirmation Trigger: Look for a bearish engulfing candle or rejection wick near $0.0800 – $0.0810.
🧭 MARKET OUTLOOK:
Momentum favors sellers with declining volume on upswings and strong rejection at local highs. Unless SXT reclaims $0.083+, this looks like a bear-dominated phase in the short term. Watch for potential breakdown if $0.0770 fails.
🛡 RISK MANAGEMENT TIP:
Always risk <2% of your capital per trade. Stick to your SL and avoid chasing entries. Protect your capital first—profits follow discipline.
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#BinanceAnalysis #CryptoTA #ShortSetup #RiskFirst #DegenTrades
$SXT
📌 Current Price: $0.0780
🔻 24h Change: -3.23%
🔍 7-Day Drop: -20.57%
📉 30-Day Slide: -39.58%
🔍 TECHNICAL OUTLOOK (1H/4H Timeframe):
$SXT is showing consistent lower highs and lower lows, confirming short-term bearish pressure. The price is now testing a critical support level, and any break below could signal further downside.
📊 KEY LEVELS TO WATCH:
Immediate Resistance: $0.0816 (24h high / overhead barrier)
Major Resistance Zone: $0.0835 – $0.0850
Current Price: $0.0780
Immediate Support: $0.0772 (24h low)
Major Support Zone: $0.0740 – $0.0750
🔧 TRADE SETUP (Short Idea):
Position: SHORT
Entry: $0.0785 – $0.0790 (if price rejects $0.0816 zone again)
Target 1: $0.0755
Target 2: $0.0720
Stop Loss: $0.0825
📈 Confirmation Trigger: Look for a bearish engulfing candle or rejection wick near $0.0800 – $0.0810.
🧭 MARKET OUTLOOK:
Momentum favors sellers with declining volume on upswings and strong rejection at local highs. Unless SXT reclaims $0.083+, this looks like a bear-dominated phase in the short term. Watch for potential breakdown if $0.0770 fails.
🛡 RISK MANAGEMENT TIP:
Always risk <2% of your capital per trade. Stick to your SL and avoid chasing entries. Protect your capital first—profits follow discipline.
If you feel the analysis helpful, Like Share and comment the next pair you want
#BinanceAnalysis #CryptoTA #ShortSetup #RiskFirst #DegenTrades
$SXT
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