$SXTUSDT
Trend & Momentum: SXT is in a powerful breakout phase, +56.80% on the day. Trading at $0.04127, it sits well above all key MAs (7, 25, 99), confirming a strong bullish trend on the 1-hour chart.
Trade Thesis: The move is extended, so the strategy is to enter a dip-buy within the uptrend, not chase the high.
3-Take Profit (TP) Plan:
TP1: $0.0430 – Initial target just above the 24h high ($0.04226).
TP2: $0.0460 – Next psychological resistance, representing a ~12% gain from entry.
TP3: $0.0495 – Measured move target, projecting the size of the initial breakout leg.
Execution:
Ideal Entry: Wait for a pullback to the $0.0375 - $0.0385 zone (near the rising MA7).
Stop-Loss (SL): Place below $0.0350 (below the 1-hour consolidation), protecting against a trend reversal.
Final Note: This high-momentum play requires strict risk management. The bullish structure is clear, but entering after a 50%+ surge demands patience for a better risk/reward setup.
Please support me trade here.#SXTUSDT