$SXT /USDT BULLISH CONSOLIDATION – EYES ON A BREAK ABOVE $0.1040!
$SXT is currently trading at $0.1028, up 2.39% today, and holding steady above the $0.1000 psychological support. Price has formed a tight consolidation just below resistance at $0.1040, while volume remains steady at 38M+. This setup hints at a potential breakout if momentum picks up.
Trade Setup (LONG):
Entry Zone: $0.1015 – $0.1035
Targets:
TP1: $0.1080
TP2: $0.1120
Stop Loss: $0.0985
Why Long?
SXT is forming higher lows with a flat resistance line at $0.1040, creating a bullish ascending triangle pattern. The structure suggests breakout potential, especially if buyers push through $0.1040 with increased volume.
Risk Management Tip:
Set a tight SL to manage downside risk. Take partial profits near TP1 and trail your SL to lock in gains as price moves higher.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!