$SXT quietly gained against the trend while the market was bleeding—the whole market was crashing, but it kept climbing—
BTC plunged to $75,000 in a single day, and the whole market was competing to see who had it worse. But $SXT refused to follow suit: it closed at $0.00888 on Binance on 11/05, up from $0.00872 the previous day, a daily gain of 1.8%. It peaked at $0.00912 intraday and is currently around $0.0091. The 10,000 U bought yesterday at $0.00872 was worth 10,183 U at the close and is now worth about 10,424 U.
More importantly, look at the volume: 379 million tokens traded on 11/04—several times the daily average of the preceding days—and the price briefly touched $0.01075 that day. Over the past week, it climbed from $0.00833 to around $0.0091, a gain of about 9%. Its market cap is only just over $42 million, so even a little money can move this small-cap coin.
With the broader market falling like this, a coin that holds up against the trend either has real buyers stepping in or is a target for the next leg down. $0.0084 is the short-term line in the sand; if it breaks, don't get attached. Only if it holds above $0.0091 does it have a shot at continuing higher.
#SpaceandTime #SXT
BTC plunged to $75,000 in a single day, and the whole market was competing to see who had it worse. But $SXT refused to follow suit: it closed at $0.00888 on Binance on 11/05, up from $0.00872 the previous day, a daily gain of 1.8%. It peaked at $0.00912 intraday and is currently around $0.0091. The 10,000 U bought yesterday at $0.00872 was worth 10,183 U at the close and is now worth about 10,424 U.
More importantly, look at the volume: 379 million tokens traded on 11/04—several times the daily average of the preceding days—and the price briefly touched $0.01075 that day. Over the past week, it climbed from $0.00833 to around $0.0091, a gain of about 9%. Its market cap is only just over $42 million, so even a little money can move this small-cap coin.
With the broader market falling like this, a coin that holds up against the trend either has real buyers stepping in or is a target for the next leg down. $0.0084 is the short-term line in the sand; if it breaks, don't get attached. Only if it holds above $0.0091 does it have a shot at continuing higher.
#SpaceandTime #SXT
