$SXT /USDT – BULLISH MOMENTUM BUILDING AFTER STRONG REBOUND FROM SUPPORT!
Current Price: $0.0795
24h Change: +3.79%
24h High/Low: $0.0808 / $0.0743
Volume (24h): 21.67M SXT / 1.68M USDT
KEY LEVELS:
Immediate Resistance: $0.0820 (Short-term breakout zone)
Major Resistance: $0.0855 (Medium-term target level)
Immediate Support: $0.0770
Major Support: $0.0740 (Held strong as recent low)
The price has bounced back from the $0.0740 level, indicating buying interest. The current candle structure on the 1-hour timeframe shows a bullish engulfing with higher lows, suggesting potential continuation.
TRADE SETUP (LONG):
Entry: $0.0790 – $0.0800
Take Profit 1 (TP1): $0.0820
Take Profit 2 (TP2): $0.0855
Stop Loss (SL): $0.0765
This setup offers a clean risk-reward structure with momentum favoring the bulls.
MARKET OUTLOOK:
$SXT /USDT shows signs of accumulation and breakout attempts with increasing 1H volume and sustained support above $0.0740. If $0.0820 breaks with volume, expect bullish extension toward the $0.085+ zone.
RISK MANAGEMENT:
Never risk more than 1-2% of your capital on a single trade. Always stick to your stop-loss and manage your position sizing.
