$SXT /USDT BEARS TAKE CONTROL — SHORT-TERM DOWNTREND BUILDING BELOW KEY SUPPORT ZONE 📉🔥
📌 Current Price: $0.0780
🔻 24h Change: -3.23%
🔍 7-Day Drop: -20.57%
📉 30-Day Slide: -39.58%
🔍 TECHNICAL OUTLOOK (1H/4H Timeframe):
$SXT is showing consistent lower highs and lower lows, confirming short-term bearish pressure. The price is now testing a critical support level, and any break below could signal further downside.
📊 KEY LEVELS TO WATCH:
Immediate Resistance: $0.0816 (24h high / overhead barrier)
Major Resistance Zone: $0.0835 – $0.0850
Current Price: $0.0780
Immediate Support: $0.0772 (24h low)
Major Support Zone: $0.0740 – $0.0750
🔧 TRADE SETUP (Short Idea):
Position: SHORT
Entry: $0.0785 – $0.0790 (if price rejects $0.0816 zone again)
Target 1: $0.0755
Target 2: $0.0720
Stop Loss: $0.0825
📈 Confirmation Trigger: Look for a bearish engulfing candle or rejection wick near $0.0800 – $0.0810.
🧭 MARKET OUTLOOK:
Momentum favors sellers with declining volume on upswings and strong rejection at local highs. Unless SXT reclaims $0.083+, this looks like a bear-dominated phase in the short term. Watch for potential breakdown if $0.0770 fails.
🛡 RISK MANAGEMENT TIP:
Always risk <2% of your capital per trade. Stick to your SL and avoid chasing entries. Protect your capital first—profits follow discipline.
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