๐ $SXT Technical Update
Price: $0.0878 | +6.9% Daily
$SXT is showing strong signs of momentum recovery after a long consolidation phase. After bottoming near $0.0586, it has now formed higher lows and higher highs, a key sign of bullish structure forming. ๐
โ Key Technical Highlights:
Golden Crossover: The 5 EMA has crossed above the 10 EMA, confirming bullish momentum.
RSI (6): Currently at 71.37 โ $SXT is approaching overbought territory, suggesting strong interest but also caution for late entries.
Volume & OBV: Spike in volume and a rising OBV shows accumulation phase may be in progress.
๐ฏ Short-Term Resistance: $0.093 โ $0.095
๐ Breakout Zone: Above $0.095 could open doors toward $0.11 and higher
๐ก๏ธ Support Zone: $0.068 โ $0.072 (watch for healthy retest)
๐ง Sentiment: Optimism returning, traders should watch price action near resistance zones and manage positions smartly.
โ ๏ธ Caution: RSI entering overheated levels, so short-term pullbacks are possible. Always wait for confirmation, especially if entering after pumps.
๐ As always โ DYOR. This isnโt financial advice. Volatility = Opportunity + Risk. Stay sharp.
#sxt