$SXT
SXTUSDT
Perp
0.02192
-11.50%
BEARISH CONTINUATION SETUP
The $SXT chart is showing strong bearish momentum after significant resistance rejection. Price has broken key support levels, confirming selling pressure. SUPERTREND and EMA alignments indicate further downside potential. Short-term pullbacks may occur, but the overall trend favors continuation to lower levels.
Trade Plan:
Short Entry: Below key resistance zone
Target 1 (TP1): Next support level
Target 2 (TP2): Major lower support
Stop Loss (SL): Above recent swing high
Risk Management: Risk 1-2% of capital per trade. Monitor volume spikes and SUPERTREND reversals for early exit signals.
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