Give your opinions, masters

Is the $SXT coin potential or just a warning signal?

Currently, the price of $SXT is $0.27695, down -16.83% in the last 24 hours. From the chart, we can see:

A large dump occurred from the level of $0.77320 to a low of $0.26125.

RSI(7) is at 33.76, approaching the oversold area.

Parabolic SAR indicates the trend is still bearish.

Trading volume is quite high: 48.46M SXT in 24 hours.

Important note: Such a sharp decline could be a signal of massive distribution or just a correction before consolidation. But without clear reversal signs, this remains very risky. RSI has not touched the extreme area (below 30), so selling pressure may continue.

Conclusion: $SXT currently does not appear to be potential for the short term unless a strong bullish candle appears accompanied by high volume. For conservative traders, it's better to wait and see. For scalpers, monitor the potential bounce at support $0.26 - $0.23.

#DYOR #CryptoAnalysis #SXT #AltcoinWatch #BinancePerpetual