$SXT /USDT – BULLISH CONTINUATION LIKELY AS PRICE HOLDS KEY SUPPORT AND BUILDS MOMENTUM 🚀
Immediate Market Explanation:
$SXT /USDT is showing a bullish continuation structure after respecting the strong support zone around 0.0275–0.0280. The price is holding above short-term EMAs and forming higher lows on lower timeframes, indicating sustained buying interest. Volume remains healthy, suggesting accumulation rather than distribution. A clean hold above 0.0290 keeps bulls in control and opens the door for a retest of recent highs.
📈 Trade Setup (LONG)
Entry Zone: 0.0288 – 0.0292
Targets (TP):
TP1: 0.0308
TP2: 0.0319
TP3: 0.0323
Stop Loss (SL): 0.0272 (below key support & structure)
> Risk-managed long is favored as long as price stays above the 0.0275 support zone.
🔍 Key Technical Levels
Support: 0.0278 – 0.0263
Resistance: 0.0308 – 0.0319 – 0.0323
🌐 Short Market Outlook
Overall market sentiment for SXT remains positively biased. If Bitcoin and the broader market stay stable, SXT is likely to continue its upward move with potential volatility expansion. A breakout above 0.0323 could accelerate momentum, while a loss of 0.0275 would weaken the bullish structure.
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