ResistanceReTest

$SXT /USDT – Continuing Bullish Momentum, Testing Resistance Again
$SXT is currently trading at $0.1459, showing continued upward movement and re-testing the recent high of $0.1591. The price action indicates sustained buying interest and another attempt to break through resistance.
Trade Setup (Second Attempt at Breakout):
Potential Support Zone: $0.1440 - $0.1460
Key Resistance: $0.1580 - $0.1600 (remains the key level)
Bullish Scenario (Updated):
Entry (Long): Break above $0.1600 with significant volume (confirmation even more crucial this time)
Target 1: $0.1650
Target 2: $0.1700+
Stop Loss (Long): Below $0.1420 (consider tightening if already in a position)
Bearish Scenario (Updated):
Entry (Short): Rejection at $0.1590 with strong selling volume, break below $0.1440
Target 1: $0.1400
Target 2: $0.1350
Stop Loss (Short): Above $0.1610
SXT/USDT is making another attempt at breaking through the key resistance zone. This second test increases the significance of a potential breakout. Monitor volume closely for confirmation. If resistance holds again, a sharper pullback could be expected.
#SXTUSDT #CryptoTrading #ResistanceReTest #BinanceChart #Layer1Token