$SANTOS is currently trading in the $2.60–$2.70 range, showing strong upward momentum.

Price Highlights:

Current Price: Approximately $2.62.

Recent Performance: Up +6.5%–8.5% over the past 24 hours.

30-Day Movement: +22%–22.2%, reflecting robust short-term strength.

Trade Plan Overview

Entry Zone: Around $2.62, which is where price currently stands and aligns with established support.

Stop Loss: Just below a recent dip suggest setting near $2.40–$2.45 to manage risk effectively.

Targets:

Target 1: $2.80 (approaching recent resistance).

Target 2: $3.00 (possible extension if bullish momentum continues).

Risk–Reward: Estimated around 1:2, balancing upside potential versus downside exposure.

Trade Logic & Technical Rationale

Strong Reversal Pattern: $SANTOS has rebounded actively from lower levels, reinforced by robust buying activity.

Volume and Sentiment Supported: The notable volume and bullish sentiment suggest demand is reinforcing this move.

Technical Momentum: Overall technical ratings currently signal a 'Buy' in the short term.

Performance Snapshot

Timeframe Approx. Gain

24 Hours +6.5%–8.5%

Risk Management Advice

Use Position Sizing: Never risk more than you’re prepared to lose in a single trade.

Watch for Reversals: If $SANTOS breaks below $2.40 decisively, it may signal trend weakness or invalidation.

Adapt Targets: Be ready to lock in profits or adjust stops based on price action near key levels.