$SXT /USDT – SHORT TRADE SIGNAL: BEARISH REJECTION BELOW RESISTANCE!
$SXT is currently trading around $0.1033, struggling to break past the $0.1040–$0.1042 resistance zone. After multiple rejection wicks and lower highs forming on the 15-minute chart, selling pressure appears to be building. If $SXTfails to close above this resistance, a retracement toward support is likely.
TRADE SETUP (SHORT):
Entry Price: $0.1035 – $0.1042
Target 1: $0.1005
Target 2: $0.0980
Stop Loss: $0.1050
WHY SHORT?
$SXT printed a local top at $0.1041 and has failed to hold gains, forming a lower high pattern. Bearish candles near resistance and lack of strong bullish follow-through suggest a short-term correction may be in play. Volume is also tapering off as price approaches the resistance.
RISK MANAGEMENT TIP:
Always stick to your SL above $0.1050 — if broken, wait for a new pattern to form. Don’t fight the trend if momentum shifts.
Sell smart — don’t chase green candles when the trend is turning red!
Don’t let this breakout fly without you — enter smart, exit richer!
buy and trade here on $SXT