Stand up, everyone! 🚨 We’ve got a massive short setup cooking on $SXT right now, and you do not want to miss this move down!
Short Trade Position: $SXT
Entry Zone: 0.00975 - 0.00995
🎯TP1: 0.00930
🎯TP2: 0.00890
🎯TP3: 0.00854
🛑Stop Loss(SL): 0.01015
🔍 Why this short position?
Exhaustion Spike: SXT surged hard with a +15.48% daily gain up to a 24h high of 0.010027, but immediate rejection candles on the 15m chart show strong selling pressure stepping in at the local resistance.
Trend Reversal & Liquidity: Price has flashed a sharp impulsive red candle following the spike, signaling that late buyers are trapped and a correction toward lower support liquidity at 0.00854 is imminent.
Risk-to-Reward: Entering near the upper wick rejection gives us a tight stop loss just above the high, maximizing our risk-to-reward ratio for the downward sweep.
Click here to Trade 👇️
Short Trade Position: $SXT
Entry Zone: 0.00975 - 0.00995
🎯TP1: 0.00930
🎯TP2: 0.00890
🎯TP3: 0.00854
🛑Stop Loss(SL): 0.01015
🔍 Why this short position?
Exhaustion Spike: SXT surged hard with a +15.48% daily gain up to a 24h high of 0.010027, but immediate rejection candles on the 15m chart show strong selling pressure stepping in at the local resistance.
Trend Reversal & Liquidity: Price has flashed a sharp impulsive red candle following the spike, signaling that late buyers are trapped and a correction toward lower support liquidity at 0.00854 is imminent.
Risk-to-Reward: Entering near the upper wick rejection gives us a tight stop loss just above the high, maximizing our risk-to-reward ratio for the downward sweep.
Click here to Trade 👇️
