$SXT : Bullish Reversal Potential After Bounce
Trade: Bullish
Entry Range: 0.1375 - 0.1390
Take-Profit Targets:
TP1: 0.1405
TP2: 0.1420
TP3: 0.1450
TP4: 0.1480
Stop Loss: Set below 0.1300
Why This Trade?
SXT/USDT showed a significant bounce off the lower Bollinger Band, indicating potential strong buying pressure at this level. Despite the previous bearish candle, the immediate recovery suggests a possible bullish reversal. If the price can break above the mid-Bollinger Band, it could signal a continuation of the upward trend. Keep an eye on the volume for confirmation of this bullish momentum.