$SXT / USDT Potential Short Reversal Trade Setup
Setup: Potential Short Reversal after a massive pump and testing resistance.
Entry: $0.1444 - $0.1446 (around the current price, looking for strong bearish confirmation)
Stop Loss: $0.1490 (above recent swing high)
Targets:
* $0.1390
* $0.1350 (previous support)
* $0.1300
Confirmation:
* Bearish candlestick forming after the pump towards $0.1988.
* Decreasing buying volume.
* Price breaking below short-term support levels.
Risk/Reward: Favorable, but still carries high risk due to the volatile nature.
Leverage: 1x-2x ONLY (EXTREMELY HIGH VOLATILITY - manage risk with utmost caution)
Watch for: Strong bearish momentum to confirm the reversal. Be extremely cautious and prepared for violent swings.
Trade here: click $SXT
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