The SXT contract is currently at a delicate technical crossroads. The 15-minute RSI can still be observed, but looking higher becomes problematic—both the 1-hour and 4-hour RSI are in deep overbought territory (reaching 80+ and 76+ respectively). The 1-hour MACD histogram is starting to shrink, and the 4-hour gains are modest. Trading volume is also abysmally low, shrinking by 96.5% compared to earlier levels. This divergence between price and volume indicates significant risk.

The key levels are distributed as follows: currently stuck at the psychological threshold of 0.0400, aiming upward for 0.0415 and 0.0430, with support levels at 0.0385 and 0.0360.

How to operate? If the price can indeed break above 0.0415, consider cautiously entering a long position with a target of 0.0430, but keep the stop-loss tight at 0.0405. Conversely, if the price effectively falls below 0.0385, then consider shorting with a target of 0.0360, placing the stop-loss at 0.0395. Currently, my approach is to **hold steady**—not bottom-fishing nor chasing highs. The price is hovering around 0.0400, and with such obvious overbought signals and shrinking volume, any aggressive long entries now are just short-term rebounds with high risk. Instead of jumping in now, it’s better to wait until the price genuinely breaks below 0.0385 before considering a short position, or wait for a breakout signal with volume confirmation, then follow with a small position.