$SANTOS strong bullish breakout. Could be a big gainer for you. keep an eye on it.
Bullish (60% Bullish / 40% Bearish)
Ideal Buy Zones
Safe (Low-Risk): $2.350–2.360 (15 m 99 EMA & prior consolidation)
Moderately Safe: $2.300–2.320 (pullback toward 15 m 25 EMA & 1 h swing area)
Risky (Aggressive): $2.250–2.270 (deeper retrace to 1 h 99 EMA & structural support)
Ideal Sell Zones
Safe (Lock 1/3): $2.500–2.520 (recent high & round-number resistance)
Moderate (Lock 2/3): $2.550–2.580 (upper wick zone on 1 h)
Risky (Final Pie): $2.600–2.650 (extension above logical supply area)
Stop-Loss Levels
Tight: $2.340 (just below 15 m swing low)
Flexible: $2.300 (below 1 h 25 EMA & key support)
Those who want the detailed rationale can read on…
Full Analysis
Trend & EMAs
15 m: 7 EMA (2.371) > 25 EMA (2.298) > 99 EMA (2.230) → strong short-term uptrend.
1 h: 7 EMA (2.371) > 25 EMA (2.298) > 99 EMA (2.230) → confirms medium-term bullish bias.
Momentum
MACD (15 m & 1 h): Bullish crossover; histogram sharply rising → momentum accelerating.
RSI (6): ~87 on 1 h (overbought) but can remain elevated in strong trends.
Volume & Order-Book
Recent volume spike on breakout → strong buying interest.
Depth: ~59% bids vs. 41% asks → order-book skewed bullish above $2.481.
Key Levels
Supports: 2.360, 2.320, 2.270
Resistances: 2.509, 2.550, 2.600
Trade Plan
Scale into buy zones; take profits at each sell bracket.
Use tight stop on shallow pullback or flexible stop for larger targets.
DYOR and we will keep making good profits, Inshaallah.
