$SXT CONSOLIDATION BREAKDOWN OR BULLISH RECOVERY LOADING?
$SXT is trading at $0.1195, down -1.32%, showing clear weakness after repeated rejection near the $0.1211 level. The price has now slipped to the lower boundary of a narrow consolidation range, putting both bulls and bears on high alert.
Key Technical Zones:
• Immediate Resistance: $0.1205 – $0.1220
A breakout above this range is needed to shift momentum in favor of bulls.
• Critical Support: $0.1190 – $0.1192
This support band is being tested again. A clean breakdown could trigger aggressive downside moves.
• 24h High/Low:
• High: $0.1282
• Low: $0.1191
Trade Setup:
Bullish Scenario:
• Entry: Above $0.1205 with volume confirmation
• TP1: $0.1225
• TP2: $0.1250
• TP3: $0.1280
Bearish Scenario:
• Entry: Below $0.1190 (decisive break)
• TP1: $0.1170
• TP2: $0.1145
Stop-Loss Guidance:
• Longs: Below $0.1185
• Shorts: Above $0.1210
Traders should stay cautious—this tight range is nearing resolution. Be ready for a sharp move once price breaks $0.1205 or loses $0.1190. Let the volume lead your entry.