$SXT USDT BEARISH BREAKDOWN โ MOMENTUM SHIFTED SHARPLY DOWNWARDS ๐
After a solid upward channel, $SXTUSDT faced sharp rejection at resistance near 0.065, breaking structure and confirming a bearish reversal. The price failed to sustain above key support-turned-resistance and now shows strong signs of further downside.
๐ป Trade Setup: Short Position
Entry Zone: 0.0634 โ 0.0648
Take Profit: 0.0584
Stop Loss: 0.0649
๐ Market Outlook:
Momentum has flipped bearish after the breakdown from the rising channel. Supply zones are active above, and price action is printing lower highs with a clean downside target visible. Expect continued selling pressure unless reclaim above 0.065 occurs.
#CryptoTrading #SXTUSDT #BearishSetup #Altcoins #PriceAction
buy and trade here on $SXT