📈 $SXT Technical Update
Price: $0.0878 | +6.9% Daily
$SXT is showing strong signs of momentum recovery after a long consolidation phase. After bottoming near $0.0586, it has now formed higher lows and higher highs, a key sign of bullish structure forming. 📊
✅ Key Technical Highlights:
Golden Crossover: The 5 EMA has crossed above the 10 EMA, confirming bullish momentum.
RSI (6): Currently at 71.37 — $SXT is approaching overbought territory, suggesting strong interest but also caution for late entries.
Volume & OBV: Spike in volume and a rising OBV shows accumulation phase may be in progress.
🎯 Short-Term Resistance: $0.093 – $0.095
🔓 Breakout Zone: Above $0.095 could open doors toward $0.11 and higher
🛡️ Support Zone: $0.068 – $0.072 (watch for healthy retest)
🧠 Sentiment: Optimism returning, traders should watch price action near resistance zones and manage positions smartly.
⚠️ Caution: RSI entering overheated levels, so short-term pullbacks are possible. Always wait for confirmation, especially if entering after pumps.
📌 As always — DYOR. This isn’t financial advice. Volatility = Opportunity + Risk. Stay sharp.
#sxt