Signal Update: SXT/USDT (1-Minute Chart)
Status: Bearish Alert
Current Price: $0.1595
Change: +165.83% (24h)
24h High: $0.1988 | 24h Low: $0.0600
SXT has just launched and is showing extremely high volatility. On the 1-minute chart, sellers appear to be dominating the market after an initial spike to $0.1988. The price has retraced significantly, with multiple red candles forming, indicating strong selling pressure.
This could suggest a potential bearish move in the short term as early buyers take profits and liquidity stabilizes. Caution is advised before entering long positions. It’s wise to monitor price action closely and wait for a confirmation of support or a reversal signal.
Recommendation: Wait for confirmation before entry. Bearish momentum likely to continue in the short term.
