$SXT /USDT โ Bearish Breakdown in Play! New Lows Incoming? ๐จ
Current Price: $0.1296 (โ15.02%)
SXT just broke below its key short-term range and is heading for fresh lows.
Market Structure:
Sharp rejection from $0.1575 followed by consistent lower highs.
Breakdown below $0.135 confirms bearish continuation.
Key Levels:
Resistance: $0.1380 โ $0.1450
Support: $0.1280 (weak), next major zone at $0.1200
Short Setup:
Entry Zone: $0.1300 โ $0.1320 (on weak retest)
TP1: $0.1240
TP2: $0.1200
Stop Loss: $0.1385
Market Insight:
No bullish momentum seen in the bounce attempts. Volume fading on green candles suggests weak buyer interest. Trend remains bearish.
Pro Tip:
Wait for a retest of broken support as resistance to confirm continuation. Don't chase the drop blindlyโprecision matters.
Breakdown Confirmed โ Ride the Trend, But Manage Risk Tight!
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