$SXT
Support Long Setup
SXT is holding its higher-low structure on the 1H chart and has bounced from the 0.0094 area several times today. I'm not buying the middle of the range. I'm waiting for a dip into that support to buy a move back toward the range high.
Entry: 0.00938 – 0.00946
Stop-loss: 0.00910
TP1: 0.00975
TP2: 0.01000
TP3: 0.01034
Reason: 0.00938–0.00946 is where the 5m and 15m bounces started and held, the 1H higher lows since Nov 9 are intact, RSI near 49 leaves room to move, and the stop sits below the 24h low (0.00913) to avoid being hit by a wick.
⚠️ @SpaceandTime ( SXT ) is a low-cap token and wicks fast, so I keep size small and use a strict stop.
A 1H close below 0.00925 invalidates this idea and I will step aside.
Personal view, not financial advice. DYOR.
Follow for more clean, simple trade setups.
#SXT #BinanceSquare #TradingSignals #TradingStrategies💼💰
Support Long Setup
SXT is holding its higher-low structure on the 1H chart and has bounced from the 0.0094 area several times today. I'm not buying the middle of the range. I'm waiting for a dip into that support to buy a move back toward the range high.
Entry: 0.00938 – 0.00946
Stop-loss: 0.00910
TP1: 0.00975
TP2: 0.01000
TP3: 0.01034
Reason: 0.00938–0.00946 is where the 5m and 15m bounces started and held, the 1H higher lows since Nov 9 are intact, RSI near 49 leaves room to move, and the stop sits below the 24h low (0.00913) to avoid being hit by a wick.
⚠️ @SpaceandTime ( SXT ) is a low-cap token and wicks fast, so I keep size small and use a strict stop.
A 1H close below 0.00925 invalidates this idea and I will step aside.
Personal view, not financial advice. DYOR.
Follow for more clean, simple trade setups.
#SXT #BinanceSquare #TradingSignals #TradingStrategies💼💰
