$SXT /USDT – Possible Downtrend Signal for Spot and Futures
Current Price: $0.0893
Today’s Gain: +15.37%
24h Volume: 56.67 Million SXT
Market View:
SXT reached $0.0938 but failed to hold gains. The price is now falling with lower highs forming. The pattern suggests a possible further drop if support breaks.
Key Levels:
Resistance: $0.0905 and $0.0930
Support: $0.0880 and $0.0850
Trade Plan:
If price breaks below $0.0880, a stronger downtrend can start. In that case, $0.0850 or lower may be tested.
Short Entry: Below $0.0880
Stop Loss: Above $0.0905
Target 1: $0.0900
pull back
Target 2: $0.0820
Target 3: $0.0780
Summary:
SXT is showing signs of weakness. If the price stays below $0.0900 and breaks support, selling pressure may increase. Trade carefully with risk management.