$SXT /USDT Trade Setup
Market Insight:
$SXT has surged +19.32% in the last 24 hours, breaking above its Bollinger Band midline and nearing the upper band resistance at $0.0861. Volume is rising steadily (90.98M SXT), indicating strong buyer interest. However, price is approaching short-term resistance, so caution is warranted.
🔹 Entry:
Buy Range: $0.0800 – $0.0840
(Wait for a minor dip or confirmation above $0.0861)
🎯 Targets:
Target 1: $0.0900 — Previous intraday high
Target 2: $0.0965 — Resistance from late June zone
Target 3: $0.1050 — Psychological level and multi-week resistance
🛡️ Stop Loss:
$0.0745 — Below Bollinger mid-band and recent support
Conservative traders may set it at $0.0700 to allow more room.
📊 Key Levels:
Support: $0.0788 (BOLL MB), $0.0757, $0.0702
Resistance: $0.0861 (BOLL UP), $0.0903, $0.0965
Pivot Zone: $0.0800–$0.0840
💡 Pro Tip:
If SXT breaks and closes above $0.0861 with strong volume, it may trigger a short-term breakout. Monitor MACD crossover and volume spikes on the 4H chart for confirmation. Avoid chasing if price goes parabolic — wait for retests.
#BTCBreaksATH #ShariaEarn #TrendTradingStrategy #BinanceHODLerLA #SECETFApproval