$SXT
Based on the SXT/USDT chart , here's a quick analysis:
Chart Summary
Current Price: $0.1346
EMA(7): 0.1389 (above current price – short-term pressure)
EMA(25): 0.1362 (just above current price – mild resistance)
Recent High: $0.1988
Recent Low: $0.0600
Volume Spike: High activity occurred on May 8
Technical Observations
Price recently spiked sharply from $0.0600 to $0.1988 and is now consolidating around $0.13.
Price is hovering just under the 25-EMA, suggesting minor short-term resistance.
There’s a clear support zone around $0.1140–$0.1200, where the price rebounded several times.
The volume is decreasing, indicating a cooldown after the spike.
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Suggested Entry, Target & Stop-Loss
Entry Zone: $0.1250–$0.1300 (preferably near $0.125 for better risk-reward)
Stop-Loss: $0.1140 (just below the recent support zone)
Target 1: $0.1550 (first resistance area)
Target 2: $0.1750
Target 3 (if momentum continues): $0.1980–$0.2000
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Strategy Notes
Watch for price closing above the EMA(25) (~$0.1362) with increasing volume before entering aggressively.
If it dips into the $0.120–$0.125 zone and shows a bounce on low time frames (15m/1h), that’s a solid entry signal.
Would you like a visual chart with entry/target/SL levels marked?
