【$SXT Signal】Go long | 1H spikes then pulls back to accumulate, negative-fee rate short squeeze conditions are ripe

$SXT Funding rate -0.2662%, market depth imbalance at -27.07% with sellers dominant. The 1H MACD bullish histogram is shrinking on lower volume, but price is still holding above the EMA20. The 4H Bollinger upper band at 0.0101 creates a minor pressure zone; bids repeatedly attempt to absorb near 0.0098.

🎯Direction: Go long

⚡Entry/limit orders: 0.00987927 - 0.00990900

🛑Stop loss: 0.00941355

🚀Target 1: 0.01065217

🚀Target 2: 0.01102376

🛡️Trade management:
- Strategy: After reaching Target 1, cut 50% and move the stop loss up to breakeven. If price falls back to the entry level, exit automatically to protect principal.

Deep logic: Negative funding rate plus stable OI means the market’s short positions have high costs. Once price holds above 0.0099, it can easily trigger short covering. RSI (1H) 65.68 is not yet overbought, leaving room to the upside. Watch whether the bids can absorb the pending orders around 0.0101.

Check live market data 👇 $SXT
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