2026-01-21 13:22:10

SXT performed remarkably well in the recent strong rally, with a single-day increase of 55%. However, this rapid ascent has already shown clear signs of a technical reversal.

From the 1-hour timeframe, the price touched a previous strong resistance level and then began to adjust with increased volume, and the candlestick pattern is indeed turning around. Such movements are usually accompanied by quick profit-taking, and market participation is also changing.

From a trading perspective, it is indeed worth paying attention to shorting opportunities in the current environment. The main reasons include: technical resistance formed by previous pressure levels, the reverse signals of the current candlestick, and obvious profit-taking features in the market.

If you are willing to participate, remember two points: first, set strict stop-loss levels to control risk exposure; second, don’t wait for a deep correction to regret. Market turns often occur at the moment these signals appear, and the speed of reaction determines the gains. Of course, any trading decision should be based on your own risk tolerance.

SXT20,82%

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GhostInTheChain

· 6h ago

A 55% increase is crazy; such a market trend will surely lead to a backlash. Wait, are we really going short? Feeling a bit hesitant. The resistance level does seem a bit hard to hold. Another saying: "Reaction speed determines profit." Easy to say, but everyone can make money. Be careful with stop-loss, brother. One slip and you'll get liquidated. Is a major correction really coming this time? It still feels like it might test new highs. Not sure, better to wait and see for now. Profit-taking is normal, but is this really a reversal? Seems like an over-interpretation. Those rushing in to buy the dip today might end up crying, haha.

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fren.eth

· 6h ago

55% increase is truly amazing, but it's clear that this wave is about to turn around If the resistance level can't be broken, it's game over. Quick hands, no slowpokes Another game of leek farmers cutting leeks, run quickly Not setting a proper stop-loss = suicide. This time I learned to be smart Such obvious bearish signals, still not exiting? Truly brave This reversal feels like it will happen very quickly, gotta watch and wait Familiar routine, the high-level bagholders are always the same group of people Profit-taking has started, retail investors are still in a daze Touch the resistance level and turn around, a typical reversal point I can't bear the risk, better just watch the show

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retroactive_airdrop

· 6h ago

A 55% increase and you want to run? Luckily, I didn't chase the high. --- The resistance level can't be broken. This bearish opportunity is a bit uncertain. --- Here comes another textbook-style short, feels like I almost got caught every time. --- No, this reversal signal is so obvious? Why didn't I see it? --- Stop bragging, setting stop-losses anywhere is easily hit. --- The term profit-taking is the most annoying, let's talk about it later. --- If there was a real reversal signal, I should have already sold. Why are we only talking about it now? --- This rhythm feels familiar, said the same last time and it shot up again. --- Just want to see how low it can go, what are you shorting? --- Quick reaction determines profit. Easy to say, hard to do, brother.

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GasFeeCrier

· 6h ago

A 55% increase and you want to lure me in? Wake up, brother. --- Another round of chopping the leeks, I'll just watch and stay silent. --- If the resistance level can't be broken, a pullback is inevitable. That's common sense. --- Set your stop-loss and wait for the rebound to short. --- Always talking about shorting opportunities, but I've never seen you predict accurately. --- I'm tired of hearing the term profit-taking; it's better to look at the technicals. --- Has this reversal really come? It still feels like there's a story behind it. --- I won't touch this kind of short-term surge; the risk is too high. --- A candlestick reversal sounds nice, but it's actually just retail investors getting burned. --- I really want to know exactly where the resistance level is—don't just bluff.

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OnchainGossiper

· 6h ago

55% in one day and it's all gone, this wave is going to crash Wait, can this really be shorted? Feels a bit risky It's the same old story, just set your stop-loss and you'll be fine, don't try to rescue it They keep talking about shifting directions every day, I'm already exhausted from being trapped SXT this coin, it feels like a classic scam to harvest retail investors' money

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LiquidationWatcher

· 6h ago

A 55% increase is truly impressive, but I also see the reversal signals here. The one-hour chart indeed seems to be turning around, and profit-taking is so obvious that they have to run. Shorting? I'm still observing; I need to confirm the resistance level again. Stop-loss must be strict, or you'll be wiped out in minutes.

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