$SXT
USDT BEARISH REVERSAL – SHARP REJECTION SIGNALS A PULLBACK! 🔻
SXT has shown a strong upward move but is now facing sharp rejection from its recent highs, suggesting a possible pullback or correction ahead.
🔑 Key Levels:
Current Price: $0.0719
Immediate Resistance: $0.0760
Strong Resistance Zone: $0.0740 – $0.0760
Support Level: $0.0700
Strong Support Zone: $0.0670 – $0.0680
🎯 Trade Setup (Short):
Entry: $0.0720 – $0.0730
Take Profit (TP): $0.0690 – $0.0680
Stop Loss (SL): $0.0745
📊 Market Outlook:
SXT has spiked rapidly but faced a rejection candle at the top with high selling pressure, indicating that buyers are losing momentum. A break below $0.0700 will confirm further downside towards the support zones.
⚠️ Risk Management:
Never risk more than 1-2% of your capital per trade. Always use stop-loss to protect yourself from unexpected reversals in volatile moves.
💡 “Your edge is not just in entries but in managing risks wisely.”
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buy and trade here on $SXT