$SXT USDT BEARISH REJECTION – SUPPLY ZONE HOLDS STRONG, DOWNSIDE LIKELY!
Price tested the key resistance zone around 0.0720 but got rejected sharply, forming a lower high and falling back below the critical level. This price action confirms weakness and signals that sellers are still in control. Unless bulls reclaim 0.0720 decisively, more downside is expected.
Trade Setup:
🔴 Short Trade Signal
Entry: 0.0705 – 0.0715
Stop Loss: 0.0725
Targets:
TP1: 0.0690
TP2: 0.0675
TP3: 0.0660
Market Outlook:
With repeated failures to break resistance and overall bearish structure, $SXTUSDT may continue its downtrend if broader market sentiment doesn’t shift.
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