Over $SXT 5 minutes, it fell 3.08%, with the current price at 0.00973. Two possible scenarios from here:
① It consolidates on lower volume and climbs back above the breakdown level → this was most likely a sentiment-driven sell-off
② The rebound fails to reclaim that level and breaks below the 24h low of 0.00914 → the downtrend may continue
Personally, I’d rather wait and see how strong the first rebound is before judging. What do you think at this stage?
#SXT
① It consolidates on lower volume and climbs back above the breakdown level → this was most likely a sentiment-driven sell-off
② The rebound fails to reclaim that level and breaks below the 24h low of 0.00914 → the downtrend may continue
Personally, I’d rather wait and see how strong the first rebound is before judging. What do you think at this stage?
#SXT