🚀 $SANTOS /USDT – After Pump, Is a Rebound in Play? 🔥
Current Price: $1.964 (+4.97%)
$SANTOS pumped hard to $2.27 but faced sharp rejection, pulling back to the $1.95 zone. Now, it's holding above key support and showing signs of forming a bullish base. If this level holds, bulls may spark a strong rebound toward previous resistance.
📊 Trade Setup:
• Entry Zone: $1.950 – $1.970
• Target 1 (TP1): $2.02
• Target 2 (TP2): $2.12 ✅
• Stop Loss (SL): $1.91
⚡ Technical View:
Price is consolidating just above support with reduced selling pressure. A bounce here could reclaim bullish momentum.
🛡 Risk Note:
Break below $1.91 invalidates the setup. Use tight risk management in case of volatility spikes.
🔄 Strategy Breakdown:
We're playing a support-hold rebound after a retracement from the local high. If $SANTOS builds a higher low here, the next wave could push toward $2.12 resistance.
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