$SANTOS Strong Breakout with High Momentum

$SANTOS surged over 10% intraday, bouncing sharply from the $2.40 low and pushing to a new local high at $2.727. The breakout signals strong bullish sentiment, though the order book shows sellers still active (59.3%). Sustaining above the breakout level is key for continuation.

Long Trade Setup

Entry Zone: $2.70 – $2.72

Target 1: $2.78

Target 2: $2.85

Target 3: $2.92

Stop Loss: $2.62

Key Notes

A clean breakout above $2.72 resistance may confirm trend continuation.

Buyer volume is increasing, but short-term pullbacks toward $2.65–$2.68 are possible.

If momentum weakens, watch for a retest of $2.62–$2.64 support before the next leg up.