$SANTOS /USDT.
š SANTOS/USDT Trade Setup (15m / Short-term)
Current Price: $2.519
24h Range: $2.463 ā $2.602
MA60 (15m): $2.526 (near-term resistance)
Volume: Moderate, ~485k SANTOS / $1.24M USDT traded
š¢ Long Setup
Entry Criteria:
Price breaks and closes above MA60 at $2.526 on 15m or 1h with volume pick-up (above 2,000 units on 15m)
Bullish candlestick confirmation (strong green candle or bullish engulfing)
RSI above 50 (momentum confirmation)
Targets:
TP1: $2.55
TP2: $2.60 (24h high)
TP3: $2.65 (next resistance zone)
Stop-Loss:
Below $2.48 (recent swing low and support area)
š“ Short Setup
Entry Criteria:
Price rejects MA60 resistance ($2.526) with bearish candlestick (long upper wick, engulfing)
Volume increase on red candles
RSI divergence or momentum fade
Targets:
TP1: $2.49
TP2: $2.47
TP3: $2.46 (24h low)
Stop-Loss:
Above $2.54 (above resistance)
Additional Notes:
Price is currently just below MA60 ā watch this level closely for breakout or rejection.
Volume is moderate, so confirmation needed before entry.
Keep an eye on general crypto market sentiment, as fan tokens can be volatile.
Want me to monitor this and notify you if it hits key levels?
#MerlinTradingCompetition #BinancelaunchpoolHuma #TrumpTariffs #Write2Earn! #SANTOS/USDT