Analysis of Currency $SXT and Trading Recommendations
Overview: The Space and Time currency ($SXT ) is a project backed by Microsoft to build a decentralized data platform using Zero-Knowledge Proof technology. It was recently listed on the Binance platform through Launchpool on 08-05-2025.
Technical Analysis:
Current Price: $0.13
6% decrease in the last 24 hours
High trading volume: $322 million
Compared to similar projects like The Graph (GRT), SXT has higher growth potential
Proposed Entry Points:
Strong support at $0.12
Breakout at $0.15 with high trading volume
During the overall market correction at $0.11
Proposed Exit Points:
Resistance at $0.18-0.19 (previous peak)
Partial profit taking at $0.16
Stop loss at $0.11
Short-term Strategy: Buy at current support levels aiming to benefit from expected volatility in the coming days after listing, while implementing a strategy for successive profit-taking.
Note: This analysis is for educational purposes only and is not investment advice. Always conduct your own research before trading.
