【$SXT Signal】Go long | Negative funding rate support + 4H trend continuation


$SXT 1H MACD volume bar contracts, but price has not broken below EMA20. The 4H Bollinger Bands upper track at 0.0100 opens wider. Funding rate is -0.2351%; shorts continue to pay the positions’ cost. Buy-side depth is higher than 1.24, with dense bids lining up below. The current consolidation range is 0.00940-0.00943, awaiting the next round of buying pressure to push upward.

🎯 Direction: Go long

⚡ Entry / limit order: 0.00940271 - 0.00943100

🛑 Stop loss: 0.00933669

🚀 Target 1: 0.00957247

🚀 Target 2: 0.00964320

🛡️ Trade management:
- Execution plan: After reaching Target 1, reduce position size by 50% and move the stop loss up to breakeven. If price falls back to the entry level, exit automatically to protect principal.

With negative funding rate + stable OI environment, the shorts’ closing pressure is a potential accelerator. The risk/reward is about 1:1.5—worth targeting.

Check live quotes 👇 $SXT
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