Analysis of Currency $SXT and Trading Recommendations
Analysis of $SXT (Space and Time): A promising project backed by Microsoft that provides a decentralized database protected by ZK-proof technology. The currency has seen a strong launch on Binance with trading volumes exceeding $200 million daily.
Entry Points:
Strong support at $0.13
Accumulation at $0.14-$0.145
Exit Points:
Strong resistance at $0.16
Profit-taking at $0.19-$0.20
Strategy: Short-term trading with a stop loss of 7% below the entry point. Take advantage of daily volatility due to high trading volume. The project is technically promising and a portion can be held for the medium term.
