:

🔥 I’m watching $SXT closely, and it’showing signs of bullish strength. The coin is consolidating but leaning toward a potential breakout. Here’s the full breakdown:

Market Observations:

Volume is picking up on the upside, especially in the last 24h. $SXT saw 298M in volume supporting a solid 10.4% pump, showing real buying interest.

Capital flows are mixed: there are still outflows on short timeframes (like 1h: -123k), but selling pressure is slowing. The price keeps climbing despite this, which hints at underlying strength.

Technical signals support a bullish view: RSI is oversold, MACD has crossed bullish, and funding rates are negative, creating a potential short squeeze scenario.

My Take:

I’m cautiously long with a bullish bias. The momentum is encouraging, but I’m keeping risk management tight.

Trade Setup:

Entry Zone: 0.0320 – 0.0330

Target Point 1 (TP1): 0.0365

Target Point 2 (TP2): 0.0400

Stop Loss: 0.0305

Why This Setup Works:

This setup works because $SXT is showing real buyer interest on high volume while selling pressure is fading. The technicals—oversold RSI, bullish MACD crossover, and negative funding—signal a short-term upside. The entry zone captures a pullback within the bullish momentum, giving a good risk-reward balance, while the stop loss limits exposure if the momentum fails.

I’m leaning into this cautiously, letting the market confirm strength while staying prepared for quick adjustments.

If you want, I can also draw a simple visual chart with entry, targets, and stop loss, so it’s super clear at a glance. Do you want me to do that?

#USGDPUpdate #USCryptoStakingTaxReview #CPIWatch #BTCVSGOLD #WriteToEarnUpgrade