$SXT /USDT Technical Overview – 1H Timeframe
Current Price: $0.1076
24h Change: -9.58% (Bearish)
24h High / Low: $0.1211 / $0.1072
24h Volume: 133.73M SXT (~$15.37M USDT)
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Technical Indicators:
MA60: $0.1085 (Current price below — bearish bias)
Short-Term Moving Averages:
MA(5): 17.62K
MA(10): 32.67K (Declining, showing decreasing short-term interest)
Volume: 10.8K (Dropping, weak bounce attempt)
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Support & Resistance:
Immediate Support: $0.1070
Resistance Zone: $0.1085 (MA60), then $0.1094
Breakdown Risk: Below $0.1070 could see a drop toward $0.103–$0.100 zone.
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Outlook:
SXT is showing short-term weakness after a sharp drop. It's testing key support at $0.1070 with low volume. If it holds, a small recovery toward the $0.109–$0.111 area is possible. However, failure to hold this zone could lead to further downside.
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Potential Trade Setup (Cautious Bearish):
Entry (Wait for confirmation): ~$0.1080
Stop-Loss: $0.1115
Target 1: $0.1050
Target 2: $0.1000
Alternative Bullish Scenario: A strong reclaim above MA60 ($0.1085) with volume could flip momentum short-term.
Let me know if you'd like this analysis on a 4H or Daily timeframe as well.
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