$SXT /USDT – Long Trade Entry Opportunity
After a steep downtrend, SXT is showing signs of reversal with strong wick rejections and bullish intent from the bottom support zone. Price is forming a potential reversal pattern on lower timeframes, indicating a relief bounce.
Entry: $0.0758
Target 1: $0.0850
Target 2: $0.0985
Target 3: $0.1168
Stop Loss: $0.0684
Risk Management: This trade offers a favorable risk-reward ratio with the stop loss placed just below the recent wick. Keep your capital exposure limited to a safe margin to handle any volatility during recovery phases.
Pro Tip for Followers: Watch for a 15m candle close above $0.0780 to strengthen the bullish case. Be disciplined with your stop and targets.
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