$SXT /USDT RELIEF BOUNCE OR BEAR TRAP? โ ๏ธ๐ด
$SXT dropped sharply from $0.1282 to a low of $0.0932, showing intense sell pressure over the past few sessions. Currently, price is attempting a mild rebound around $0.1006, but the overall structure remains bearish on the 4H timeframe. Unless we see a strong reclaim above $0.1069, this may just be a short-lived relief bounce.
๐ Market Pressure Still Dominates
Downtrend intact with consistent lower highs
Order book shows 60% buyers, but caution needed
Short-term support at $0.0932 must hold for any bullish momentum
๐ฏ Short Trade Setup
โข Entry: $0.100 โ $0.104
โข TP1: $0.0950
โข TP2: $0.0900
โข SL: $0.1075
๐$SXT Weak recovery doesnโt mean reversal. Watch volume bears still hold the reins.