$SXT Consolidation at Resistance - Breakout or Pullback?
SXT is currently trading at $0.00769. The chart indicates that SXT has seen a recent upward move and is now consolidating around a key resistance level. Its immediate movement will determine if it can break out to higher prices or if it will experience a pullback.
Key Levels to Watch:
Resistance: $0.00770 (immediate resistance, just above current price), and $0.00780 (stronger resistance).
Support: $0.00769 (current price, immediate support), and $0.00760 (next support below).
Trade Setup - Anticipate a Directional Move!
Bullish Entry: A confirmed move and sustain above $0.00770 could target:
Target 1: $0.00775 (approx.)
Target 2: $0.00780
Bearish Entry: A break below $0.00769 could target:
Target 1: $0.00760 (approx.)
Target 2: $0.00750 (approx.)
SXT is consolidating at a key resistance. A clear break above $0.00770 could lead to further upside, while rejection might lead to a retest of support.