#SXT #BinanceSquare #PhanTichKyThuat
Quick overview
• Current price: 0.1456 USDT
• 24h volatility: +34%
• 24h trading volume: Spike
Multi-timeframe overall trend
On the 15-minute frame, the price is above both MA(7) and MA(25), RSI(6) is at 92.58 – an extremely overbought state. MACD remains positive, however, volume is lower than MA5 and OBV is only slightly leaning towards buyers.
The 1-hour frame gives a similar signal: MA(7) > MA(25), RSI(6) reached 91.79, MACD continues to be positive, strong volume. OBV remains positive, indicating that buying pressure is still maintained.
On the 4-hour frame, RSI(6) is still overbought (91.24), MACD just crossed up, volume is very strong. However, OBV has turned negative - a warning sign that large funds are starting to exit.
On the daily frame, RSI(6) is at a neutral level of 44.67, OBV is strongly negative, although volume is still very high – indicating that the market is covertly distributing and the risk of a significant correction.
Proposed trading strategy
Main scenario – Prioritize short orders after a clear reversal signal appears
Success probability: 60–70%
Reason: RSI(6) across all three short-term frames (15m, 1h, 4h) has surpassed the 90 mark - an extremely risky overbought level. OBV in the 4h frame has turned negative despite the price and volume continuing to rise, indicating the possibility of a 'price-volume divergence'. This is a signal that the market is pushing prices to distribute before a correction phase.
How to enter a short position:
• Activation conditions:
• Price breaks through the support zone of 0.13233 on the 4-hour frame with a confirming closing candle (not just a wick).
• Or RSI(6) on the 1h/4h frame drops below 70 → confirm the selling signal.
• Entry: Sell when a confirming bearish signal appears as above.
• Stop Loss: Set above the resistance area of 0.14848 (the nearest peak on the 4H frame).
• Take Profit:
• TP1: 0.11469 (MA25 line on the 4H frame) – short-term target
• TP2: 0.10318 (the nearest previous bottom) – medium-term target if the downtrend continues.
• Estimated Risk:Reward ratio: 1:2 to 1:3 depending on specific entry points.
Important note: Do not short when the price is still rising strongly without a confirming reversal signal. Wait for a clear signal to avoid the risk of being squeezed.
Alternative scenario – Buy when a breakout continues to occur
Probability: 30–40%
(Details remain unchanged from the previous version - no adjustments needed)
Risk management
• Maximum 2% of capital for each order due to high market volatility.
• The minimum profit/loss ratio should be set from 1:2 upwards.
• Closely monitor any announcements from Binance if there are unusual news leading to a volume spike.
Please support the author by clicking on the SXT chart below to see details and trade directly on Binance.