Analysis and Recommendation for Trading $SXT 📊
The $SXT coin is experiencing a decline of 8.25% with a high trading volume (163M), indicating strong selling pressure. Technical indicators (EMA) are trending downwards with a negative crossover between EMA7 and EMA25.
Entry Points:
Buy at 0.1180-0.1200 (strong support)
Stop loss below 0.1165
Exit Points:
Partial sell at 0.1235 (EMA25)
First target: 0.1280 (EMA99)
Second target: 0.1350
Wait for confirmation of a rebound from the support level before entering. An increase in trading volume with a green candle will be a positive signal.
