Analysis of Currency $SXT and Trading Indicators on Binance
Currency Path: $SXT is the currency of the Space and Time project, launched on May 8, 2025, at a price of $0.16. It reached its highest price at $0.1621 (May 8), and its lowest price at $0.1185 (May 9).
Partners: Backed by Microsoft and Chainlink, enhancing investor confidence.
Strategic Entry Points:
Buy at $0.12-0.13 (strong support area)
Place staggered buy orders at $0.14-0.135
Exit Points:
$0.16-0.17 (short-term targets)
$0.19-0.20 (medium-term targets)
Trading Strategy:
Take partial profits upon breaking resistance at $0.155
Set a stop-loss at $0.118
Hold 30% of the portfolio for the long term to speculate on expected growth (2026 estimates: $0.39)
Similar Currencies: GRT (Decentralized Data Storage Sector)
Risks: High price volatility as it is a new currency, affected by Bitcoin movements, technical risks in applying ZK technology.
Conclusion: A promising currency with strong institutional support, suitable for short and medium-term trading with an allocation for long-term investment.
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