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Sxtbtc

#SXT/USDT#SXT The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward. We have a support area at the lower limit of the channel at 0.0690, acting as strong support from which the price can rebound. Entry price: 0.0717 First target: 0.0744 Second target: 0.0768 Third target: 0.0798
Long
by CryptoAnalystSignal
SXTUSDT Forming Falling WedgeSXTUSDT is currently forming a falling wedge pattern, a classic bullish reversal setup that often precedes significant upward price action. This formation indicates a tightening price range and declining volatility, typically signaling a breakout to the upside as selling pressure weakens. Technically, this setup becomes even more powerful when accompanied by increased volume near the breakout point — which is now becoming evident on SXTUSDT’s chart. The wedge’s structure shows a series of lower highs and lower lows converging toward an apex. Once a confirmed breakout above the descending resistance occurs, the projected move could yield an impressive 140% to 150%+ gain from current levels. This projection aligns with historical wedge performance, where the move after breakout often mirrors the widest part of the wedge pattern. Such a scenario positions SXTUSDT as a strong candidate for short-term swing trades and longer-term speculative entries. Investor interest in this project has been rising steadily, evidenced by increased discussion across trading communities and growing activity in order books. As the broader market sentiment shifts toward undervalued altcoins, SXTUSDT is likely to benefit from capital rotation. If momentum continues building, it could spark a breakout rally fueled by both technical and fundamental appeal. Traders should monitor key breakout levels and look for confirmation via bullish candlestick formations and surging volume. SXTUSDT’s wedge breakout potential puts it in a favorable technical position to outperform in the coming sessions. Patience and precise entry could reward traders handsomely if the wedge pattern plays out as expected. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX