$SXT

📊 Price Action

• Current Price: $0.14079

• 24h Range: $0.10922 – $0.15179

• Trend: Recent upward movement from $0.10318 low.

• Change: +25.44%, indicating a strong bullish candle or rally.

📈 Bollinger Bands (BB)

• Settings: 20-period, 2 standard deviations

• Values:

• Upper Band: $0.14497

• Middle Band (MA20): $0.11896

• Lower Band: $0.09295

• Observation:

• Price is touching the upper band, which often suggests the asset is overbought or strong momentum is present.

• Expansion in BB indicates increased volatility, often preceding strong moves.

📉 MACD (Moving Average Convergence Divergence)

• MACD Line: 0.00437

• Signal Line (DEA): -0.00015

• Histogram: Positive (MACD line > Signal line)

• Observation:

• Bullish crossover recently happened, confirming upward momentum.

• Momentum is strengthening.

📉 Volume

• Recent spike in volume suggests strong participation in the latest price rally.

• Could indicate breakout strength if sustained.

🟠 Moving Averages (MA)

• MA(5): $503M (value likely showing market cap, not useful here)

• MA(10): $354M (same as above)

• Price above key moving averages, supporting bullish trend.

✅ Conclusion / Key Takeaways

• Short-Term Trend: Bullish

• Momentum Indicators (MACD, RSI): Strong with some caution due to near-overbought RSI.

• Price Action: Breakout from consolidation zone (~$0.10–0.11)

• Next Resistance: Around $0.15179 (24h high), then ~$0.21–0.27 (previous highs)

• Support Zone: ~$0.11896 (middle Bollinger Band), then ~$0.10

⚠️ Potential Strategies

1. For Longs:

• Consider pullback entries if RSI cools down near middle BB (~$0.12).

• Stop-loss below $0.10318 swing low.