$SXT
🚨quick analysis for SXTUSDT futures 🚨
⌛15 MIN Timeframe⌛
📈 Trend Direction (Futures): Bearish Downtrend with potential for short-term bounces.
💰 Entry Price: Around 0.1580 - 0.1600
🎯 Targets:
🥇 0.1650
🥈 0.1700
🥉 0.1750
🛑 Stop Loss🫸 : 0.1550
📢 LEVERAGE X5-X10 🔥
🔧 Analysis Equipment:
◽ MA(7, 99, 200): Short MA below price, longer MAs above price confirm downtrend.
◽ MACD: Shows increasing bearish momentum below the signal line.
◽ RSI(14): Currently at 37.52, indicates bearish sentiment but not yet oversold.
◽ K% (Stochastic): At 13.36, suggests oversold conditions, potential for bounce.
◽ CCI : Reading -122.41, signals strong downward price movement.
◽ Order book : Significant selling pressure observed, outpacing buying interest.
🧬 Fibonacci :
⚡ 0.1675
⚡ 0.1727
⚡ 0.1770
⚡ 0.1812
💧 Liquidity: Present, but skewed towards selling side based on order book.
🗞️News Sentiment: Recent listings on major exchanges like Binance and Bybit are generating positive sentiment and increased attention for SXT.
📝 NOTE: Chart shows bearish signals on 15m. Oversold Stoch RSI may lead to a bounce. Trade cautiously, manage risk.
