$SXT Rejection or Reload? Bulls Struggle at Resistance!
$SXT surged to a fresh daily high but is now stalling near the $0.0660 resistance. Volume shows signs of exhaustion, and price is testing a key decision zone. Will bulls push higher, or is a pullback next?
Key Technical Zones:
• Resistance to Break: $0.0662 – Critical breakout point
• Support Area: $0.0640 – $0.0630 – Must hold for bullish continuation
Trade Setup – Breakout or Breakdown?
Bullish Entry: Above $0.0662
• Target 1: $0.0685 (range expansion)
• Target 2: $0.0700 (psychological round level)
• Stop-Loss: Below $0.0630
Bearish Entry: Below $0.0630
• Target 1: $0.0615 (minor support zone)
• Target 2: $0.0590 (24h low zone)
• Stop-Loss: Above $0.0662
SXT bulls are losing steam near the top of the range. If volume fades and price slips below $0.0640, a sharp pullback could follow. But a strong candle above $0.0662 could flip momentum fast. This is a pivot zone — stay ready for volatility!