$SXT
USDT BEARISH PRESSURE CONTINUES – SELLERS DOMINATE THE TREND
SXTUSDT remains trapped in a strong downtrend on the 1H chart. The price has failed to hold minor support zones and continues to print lower highs and lower lows, indicating bearish dominance unless a reversal structure builds soon.
🔑 Key Levels
Resistance: $0.0690 – $0.0700
Support: $0.0660 (24h low) | next major support near $0.0635
Current Price: $0.0674
📉 Trade Setup (Short Entry)
Entry Zone: $0.0675 – $0.0685
Targets (TP):
➤ TP1: $0.0665
➤ TP2: $0.0650
➤ TP3: $0.0635
Stop Loss: $0.0705
💡 Market Outlook SXTUSDT shows clear bearish continuation with no confirmed bullish reversal patterns on the hourly. If price loses $0.0660 support decisively, further decline towards $0.0635 is expected. However, a breakout above $0.0705 would invalidate this setup.
⚠️ Risk Management Always risk only 1-2% per trade. Maintain disciplined stop losses. Avoid revenge trades, especially in trending bearish markets.
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buy and trade here on $SXT