$SXT listing today on Binance and has immediately recorded an impulsive increase of +144.33% in the last hour. The price briefly touched a high of 0.1988 from a low of 0.0600 in just one large candle on the 1-hour time frame.
The trading volume is also significant, with a total movement of 358.76 million SXT and 54.07 million USDT showing high trader interest in this token. However, it should be noted that such movements are common in the early listing phase due to high speculative pressure, and may not necessarily reflect the real valuation.
As there is not much technical data available (indicators like MACD, RSI, and EMA have not yet formed), the best strategy right now is to avoid impulsive entries. Focus on price action and wait for price consolidation to see if this token has the strength for a mid-term structure.
Disclaimer: Not Promotion & Not Financial Advice
