#TradingSignals
$SXT is making Higher Low Formation (Not Exact Double Bottom or w)
This could also be interpreted as the beginning of an uptrend or a reversal with higher lows — which is even more bullish than a textbook W.
🧠 What This Means:
Still valid as a double bottom-like formation, but more accurately:
A bullish reversal structure with higher low
Suggests growing market confidence
A breakout above 0.0918 would still confirm bullish continuation
📌 Updated Technical Sentiment:
Support Zone: Around 0.0739 (MA25) and 0.065
Resistance Zone: 0.0918
Breakout Target: Still valid at 0.12–0.13, using the depth from 0.0586 to neckline
⚠️ Final Caution:
RSI > 70 = near-term overbought
Watch for volume confirmation if price breaks 0.0918
Stay alert for fakeouts or small pullbacks