$SXT /USDT BULLISH ANALYSIS: BREAKOUT POTENTIAL ABOVE RANGE RESISTANCE

The $SXT/USDT pair is exhibiting bullish momentum, currently trading at $0.0724 (+9.70%), with price action approaching the key resistance zone at $0.0760–$0.0761. The increasing volume and strong daily recovery suggest that bulls are gaining control.

🔍 Key Price Levels:

Current Price: $0.0724

24h High/Low: $0.0761 / $0.0660

Volume (24h):

SXT: 67.52M

USDT: 4.83M

📊 Technical Overview:

Resistance:

Minor: $0.0740

Key: $0.0760 – breakout above this could lead to $0.0800 and $0.0850

Support Levels:

Immediate: $0.0700

Strong: $0.0660 (24h low and bounce zone)

Trend: Price is creating higher lows, indicating sustained buying interest.

Momentum: A mild intraday pullback (-0.41%) is healthy and shows consolidation before a potential breakout.

Volume: Increasing volume on upward moves confirms buyer strength.

🟢 Bullish Scenario:

If $SXT breaks and holds above $0.0761, expect momentum toward $0.0800 and then $0.0850. Strong bullish confirmation if price closes a 4H candle above $0.0760 with volume.

🔻 Bearish Invalidations:

A drop below $0.0700 weakens momentum.

Breakdown below $0.0660 flips trend to neutral/bearish short-term.

Conclusion:

$SXT/USDT is in a bullish setup, approaching a crucial resistance. Watch for a breakout above $0.0761 — it could trigger a sharp move higher. As long as it holds above $0.0700, the bullish outlook remains valid.

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