[SXT/USDT] Technical Analysis – 15m Chart Update
Current Price: 0.1198 USDT
24h Change: -16.40%
24h High/Low: 0.1623 / 0.1171
Volume: 557.10M SXT
Technical Indicators:
Support Zone: 0.1170 – Key recent low holding as short-term support.
Resistance: 0.1223 – Minor intraday resistance from recent price action.
SAR (Stop & Reverse): Currently above price, indicating a bearish trend.
MACD: Flatlining near 0.0000 – potential early signal of a reversal or consolidation.
Volume: Gradually declining – suggests waning selling pressure.
Market Sentiment:
Bid/Ask ratio shows bullish bias (54.13% Buy vs. 45.87% Sell).
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Trade Idea:
Entry (Long): Above 0.1225 on volume confirmation.
Stop Loss: Below 0.1165 (previous low).
Target 1: 0.1285
Target 2: 0.1340
Caution: Short-term trend remains bearish. Wait for a breakout above 0.1225 or confirmation of a double bottom near 0.1170 before entering.
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