🚨 SXT/USDT Technical Analysis Update 🚨

Current Price: 0.1198 USDT

24h Change: -16.40% šŸ“‰

24h High/Low: 0.1623 / 0.1171

Volume: 557.10M šŸ”„

Technical Indicators:

- Support Zone: 0.1170 - Holding strong as short-term support šŸ›”ļø

- Resistance: 0.1223 - Minor intraday resistance āš”ļø

- SAR: Above price, indicating a bearish trend šŸ“Š

- MACD: Flatlining near 0.0000 - potential reversal or consolidation šŸ”„

- Volume: Gradually declining - waning selling pressure šŸ’”

Market Sentiment:

Bid/Ask ratio shows *bullish bias* (54.13% Buy vs. 45.87% Sell) šŸ‚

Trade Idea:

- Entry (Long): Above 0.1225 on volume confirmation šŸš€

- Stop Loss: Below 0.1165 (previous low) šŸ›‘

- Target 1: 0.1280

- Target 2: 0.1335

Caution: Short-term trend remains bearish. Wait for a breakout above 0.1225 or confirmation of a double bottom near 0.1170 before entering āš ļø

$SXT

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