$SANTOS Based on the SANTOS/USDT Perpetual Futures charts (15m & 1h), here's a clear and actionable trade setup for you.
๐ก SANTOS/USDT Trade Setup โ Pullback Opportunity$SANTOS
๐ Technical Overview:
Current Price: $2.334
24h High: $2.472
24h Low: $2.287
Trend: Short-term pullback in an uptrend
MA Analysis:
Price is hovering around the MA7/25 โ indecision zone
MA99 (~$2.26) acting as major support
Volume: Moderate; recent dip saw buying support, not panic selling
โ Trade Plan: Long (Support Bounce)$SANTOS
๐ข Option 1: Safe Entry (Support Bounce)
Entry: $2.30โ2.32 (on a slight dip back into support)
Target 1: $2.39 (local resistance)
Target 2: $2.47 (24h high)
Stop Loss: $2.26 (below MA99 and last structure low)
๐ Option 2: Aggressive Breakout Entry
Entry: On confirmed breakout above $2.36 (with strong volume)
Target 1: $2.44
Target 2: $2.50+
Stop Loss: $2.31
๐ง Trade Context:
This is a trend continuation setup. The pullback looks healthy, and buyers stepped in above the 99MA.
1h chart shows consolidation after a rally โ price is reloading.
MA compression suggests a possible breakout move soon.
๐งฎ Risk/Reward:
RR ratio = 2:1 or better
Small drawdown risk with tight stop, especially using the support entry.
๐งพ Summary:
Type Entry Targets Stop Loss
Pullback Long $2.30โ2.32 $2.39 โ $2.47 $2.26
Breakout Long $2.36+ $2.44 โ $2.50+ $2.31