$SXT /USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION SETUP
SXT/USDT is showing strong bullish momentum after a clean breakout from the recent consolidation range. Price action is forming higher highs and higher lows on the intraday structure, supported by rising volume, which confirms active buyer interest. The trend bias remains bullish as long as the price holds above the key demand zone.
Market Structure & Indicators
Bullish market structure with a successful breakout and retest
Price trading above short-term moving averages, indicating trend strength
Volatility expansion suggests continuation rather than exhaustion
Support zone holding firmly, acting as a launchpad for the next move
Trade Setup: LONG
Entry Zone: Near the previous breakout retest / demand area
Target 1 (TP1): Previous intraday resistance
Target 2 (TP2): Upper range expansion zone
Target 3 (TP3): High-volume rejection area for trend continuation
Stop Loss (SL): Below the key support and structure low
Bias: Bullish continuation unless support breaks decisively
Risk Management Risk only 1–2% of capital per trade, trail stop loss after TP1 is secured, and avoid overleveraging in high volatility conditions.
#TechnicalAnalysis #CryptoTrading #PriceAction #TrendTrading #SupportResistance $SXT