2026-01-21 11:22:19

Wednesday Cryptocurrency Market Watch: Let's take a look at the trend of the altcoin SXT.

Rising from 0.0244 all the way to 0.0435, the increase is quite sharp. Currently, the coin price has pulled back to around 0.0382, entering a correction phase. In the short term, there are still opportunities.

My trading approach is as follows——

**Entry Point**: Wait for it to retest the 0.0390-0.0400 range before considering entering

**Target Levels**: Watch the resistance levels at 0.0365, 0.0340, and 0.0315 in stages

**Stop Loss**: If it goes above 0.0415, stop loss is necessary

The hype around altcoins is indeed heating up, but trading involves risks, so everyone should be cautious. This is just a technical analysis approach; before entering, be sure to assess your own risk tolerance. Each person's trading strategy should be adjusted according to their own funds—there are no absolute right or wrong, only what is suitable or not.

SXT16,41%

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PumpStrategist

· Just Now

The chip distribution shows that this pullback does not actually release any risk. The typical rookie mentality is to chase the rise and wait for technical signals, but the pattern has already formed, and it's time to run.

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ContractFreelancer

· 7h ago

Another altcoin, huh? The increase is really impressive, just worried about getting trapped at high levels.

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ser_ngmi

· 17h ago

The recent surge in SXT's price is indeed impressive, but I'm still a bit hesitant after such a significant pullback.

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DAOdreamer

· 17h ago

Damn, this increase... really dares to dump Is it time to bottom fish? I don't have the guts to play with knockoffs Another textbook-level stop-loss setup, but unfortunately most people just can't do it SXT, it feels like a rhythm of cutting leeks 0.0315, can it really reach that? I feel like a rebound will just end it Wait and see, don't rush to get in, there are too many traps in the knockoff season This analysis is detailed, but I'm more concerned about who is dumping... Just gambler's psychology, how many people actually execute the stop-loss when they say they will Good grief, another trap to lure more buyers, I find it exhausting to watch

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BearMarketMonk

· 17h ago

Altcoins soared from 0.0244 to 0.0435, and now they have pulled back... This is the cycle. Every time, someone is buying at high levels, and every time, they say this time is different. No matter how beautiful the technical analysis looks, it cannot change one fact — the fate of most people is decided at the moment they enter the market. The so-called resistance and support levels are, in essence, stories told by survivors afterward. The real risk is not at 0.0415, but in your self-deception about your own risk tolerance.

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ClassicDumpster

· 17h ago

It's the same old trick again, with a bunch of stop-loss levels at resistance points. In the end, it still comes down to luck. SXT's recent surge was indeed fierce, but the quick correction is quite brutal... It always feels like chasing the high will easily get you trapped. Wait until the price retraces to the 0.039 range before taking action. That's a reliable suggestion, but you must hold on and resist the urge to chase the high. This is the fate of altcoins: they rise quickly and fall just as fast. Whoever profits will be the one laughing last. Can the 0.0315 level hold? It feels uncertain; altcoins tend to fall as soon as they drop. I'm tired of hearing risk warnings like this. Ultimately, it depends on how many limit-downs you can endure.

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JustAnotherWallet

· 17h ago

Altcoins have indeed surged sharply this time, but I still prefer to wait and see. I always feel that the risk during the adjustment phase after such rapid increases is quite high.

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LuckyBlindCat

· 17h ago

Haha, SXT is really fierce this time, but I'll wait for it to drop a bit more before considering.

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