$SXT is trading around 0.00759 after gaining more than 7% in the latest session, showing strong buying pressure and a healthy recovery from the recent low near 0.00697. The price has formed higher highs and higher lows on the 15 minute chart, which is a positive sign for short term momentum. Buyers are defending the support zone well, and if the current trend continues, SXT has a good chance of pushing toward the recent high and extending the rally. A breakout above the recent resistance could trigger another wave of buying volume.
Trade Idea
Entry Point: 0.00755 to 0.00760
Target 1: 0.00778
Target 2: 0.00795
Target 3: 0.00820
Stop Loss: 0.00730
The overall short term trend remains bullish as long as the price stays above the stop loss level. Wait for confirmation before entering, manage your risk properly, and never risk more than you can afford to lose. Let's go Trade now.
Trade Idea
Entry Point: 0.00755 to 0.00760
Target 1: 0.00778
Target 2: 0.00795
Target 3: 0.00820
Stop Loss: 0.00730
The overall short term trend remains bullish as long as the price stays above the stop loss level. Wait for confirmation before entering, manage your risk properly, and never risk more than you can afford to lose. Let's go Trade now.