šØ SXT/USDT Technical Analysis Update šØ
Current Price: 0.1198 USDT
24h Change: -16.40% š
24h High/Low: 0.1623 / 0.1171
Volume: 557.10M š„
Technical Indicators:
- Support Zone: 0.1170 - Holding strong as short-term support š”ļø
- Resistance: 0.1223 - Minor intraday resistance āļø
- SAR: Above price, indicating a bearish trend š
- MACD: Flatlining near 0.0000 - potential reversal or consolidation š
- Volume: Gradually declining - waning selling pressure š”
Market Sentiment:
Bid/Ask ratio shows *bullish bias* (54.13% Buy vs. 45.87% Sell) š
Trade Idea:
- Entry (Long): Above 0.1225 on volume confirmation š
- Stop Loss: Below 0.1165 (previous low) š
- 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 ā ļø