$SXT /USDT – Short Trade Entry Opportunity
The SXT pair has broken below a key support level and continues to form lower highs and lower lows. Current price action suggests a strong bearish continuation setup.
Entry Price: $0.0693
Target 1: $0.0600
Target 2: $0.0555
Target 3: $0.0514
Stop Loss: $0.0763
This setup provides a favorable risk-to-reward ratio with a clear invalidation above the recent lower high. The momentum remains bearish, and the pair is showing no signs of reversal for now.
Risk Management:
Always risk only a small portion of your capital per trade. Position sizing is crucial—set your stop loss and targets in advance and stick to the plan. Protect your capital and avoid chasing price.
Pro Tip for Followers:
If SXT breaks below $0.0685 with volume, expect acceleration toward targets. Avoid entering late—let the setup play out as per structure.