Current price: $0.1159 (updated at 06:15 AM, 19/05/2025)
1. Trend analysis & impact information
• Technical: SXT is trading in a range from $0.1182 to $0.1307 over the past 24 hours, indicating accumulation before a major move. The RSI is stabilizing around 50, reflecting a balance between buying and selling pressure.
• Impact information: SXT officially launched on Binance and Coinbase on May 8, 2025, with an opening price of $0.85 and peaked at $1.12 on the first day. However, the price then adjusted due to selling pressure from airdrop events.
2. Proposed trading strategy
Long scenario:
• Entry: $0.115–$0.120
• Stop-loss: $0.110
• Take-profit: $0.135 – $0.145
• Success probability: ~60% 
Reason: If SXT holds above the support level of $0.115 with stable trading volume, the likelihood of a recovery to the next resistance levels is high.
Short scenario (if support is broken):
• Entry: $0.110
• Stop-loss: $0.115
• Take-profit: $0.100
• Success probability: ~35%
Reason: Should only be considered if SXT breaks strong support, however, the probability is low due to the overall trend still being accumulation.
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3. Conclusion
SXT is in an accumulation phase with many technical signals and information supporting the next upward trend. Listing on major exchanges and community interest could be a catalyst for a new breakout. The short-term Long strategy has a higher probability of success, but tight risk management and close monitoring of key support/resistance levels are needed.
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