๐ $SXT/USDT โ Momentum Building Up!
$SXT is showing signs of strength with a +6.48% daily gain, trading at $0.0904 and pushing higher with confidence. ๐
๐ Technical Insights:
โ Golden Cross Alert: The 5 MA has crossed above the 10 MA, often a bullish sign hinting at a trend reversal.
โ Strong RSI: The RSI is at 74, indicating bullish momentum. But remember โ itโs approaching the overbought zone. Some cooling off may happen.
โ Volume Spike: Notice the rising volume โ this isn't a sleepy move; the bulls are waking up! ๐
โ Breakout from Bottom: From the low of 0.0586, SXT has rallied sharply, showing resilience after a long consolidation phase.
โ ๏ธ But donโt FOMO blindly.
RSI is heated, and while momentum is positive, a short-term pullback could test your patience.
OBV still shows room for confirmation โ watch for sustained volume inflows to support the uptrend.
๐ Key Levels to Watch:
Immediate resistance: $0.1133
Support to hold: $0.0824
Major breakout level: $0.1441 (Eyes here for fireworks ๐)
๐ง Final Thought: SXT looks like it's dusting off the bear blues and gearing up for the spotlight. Momentum traders might keep this on radar โ but always, always DYOR (Do Your Own Research). Smart entries beat blind chases.