$SXT /USDT RELIEF BOUNCE OR BEAR TRAP? ⚠️🔴 $SXT dropped sh
fulldeg
Updated at: 2 days ago
{"content":"$SXT /USDT RELIEF BOUNCE OR BEAR TRAP? ⚠️🔴
$SXT dropped sharply from $0.1282 to a low of $0.0932, showing intense sell pressure over the past few sessions. Currently, price is attempting a mild rebound around $0.1006, but the overall structure remains bearish on the 4H timeframe. Unless we see a strong reclaim above $0.1069, this may just be a short-lived relief bounce.
📉 Market Pressure Still Dominates
Downtrend intact with consistent lower highs
Order book shows 60% buyers, but caution needed
Short-term support at $0.0932 must hold for any bullish momentum
🎯 Short Trade Setup
• Entry: $0.100 – $0.104
• TP1: $0.0950
• TP2: $0.0900
• SL: $0.1075
🔍$SXT Weak recovery doesn’t mean reversal. Watch volume bears still hold the reins.
#SXT
#BearishBias
#AltcoinTrading
#Binance
#CEXvsDEX101 ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/31/e30b55e849ee425faa060b14c52015c3.png"],"tags":[],"tradingPairs":["SXT/USDT"],"quotearticleid":0}