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Congratulations for paying attention to this trading signal. The first and second targets have been reached and we are waiting for the third target. $NOT
$SXT at a Crossroads: Breakout or Pullback on the Horizon?
$SXT is trading at $0.1543, showing bullish momentum after a solid rebound from the $0.1500 support area. However, the price is nearing a crucial resistance zone, and the next move could determine whether bulls extend their lead or if we see a short-term retracement.
Key Levels to Watch:
Resistance Levels: • $0.1580 – Immediate resistance • A breakout above this could pave the way toward: • Target 1 (TP1): $0.1610 • Target 2 (TP2): $0.1642 – 24-hour high
Support Levels: • $0.1500 – Key support holding recent lows • A break below may trigger downside targets at: • TP1: $0.1470 • TP2: $0.1435
Trade Setup – Anticipate Volatility:
Bullish Scenario: A strong candle close above $0.1580 would signal breakout momentum. • TP1: $0.1610 • TP2: $0.1642 • Stop-Loss: Below $0.1510
Bearish Scenario: A drop below $0.1500 support could initiate a short-term pullback. • TP1: $0.1470 • TP2: $0.1435 • Stop-Loss: Above $0.1580
Volume & Sentiment Check: Volume is currently at 582.05K, with 55.67% bid dominance, indicating slight buying pressure. However, with resistance nearby, sharp moves are likely—stay alert and be ready to act.
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