🚨 $SXT Setup 🚨
🎯 Targets:
TP1: $0.1275 🎯
TP2: $0.1300 🎯
TP3: $0.1350 🚀 (potential extension)
📈 Technical Analysis:
$SXT is at a crucial level, testing the $0.1250–$0.1254 resistance zone. A breakout above this level with strong volume could trigger a 5–8% rally. RSI on the 4H chart is trending bullish, indicating momentum is favoring buyers.
🔑 Key Support/Resistance Zones:
Support: $0.1200
Resistance: $0.1254
A retest of $0.1220–$0.1245 could offer a better R:R entry before potential continuation.
📊 Volume Insight:
Current daily volume is rising (92.05M SXT), signaling strong buying interest. A spike above the $0.1254 breakout level would confirm bullish momentum.
⚠️ Risk Management Tip:
Use a stop-loss below $0.1180 to manage downside risk. Consider securing partial profits at TP1/TP2, especially if volatility increases.
#SXT #cryptosignals #BreakoutWatch
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📌 Disclaimer:
This setup is based on personal analysis and insights from trusted traders. Shared for educational purposes only. Always do your own research and manage risk wisely.