$SANTOS / USDT – 🤔 Potential Dip Buy Opportunity? 🤔
$SANTOS is currently experiencing a pullback on the 4-hour chart after testing recent highs. This could present a potential buying opportunity for those looking to enter or add to their position.
Key Levels to Watch:
Potential Support Zone: ~$2.40 - $2.42
Previous High: ~$2.51
Stop Loss Consideration: Below ~$2.38
Possible Scenario:
If support holds in the ~$2.40 - $2.42 range, we might see a bounce back towards the previous high.
Important Note:
Be cautious as pullbacks can sometimes lead to further downside. Wait for signs of reversal or confirmation before entering a trade.
