$SANTOS /USDT 4H Trade Setup
Market Insight:
$SANTOS is showing strong bullish momentum with a +15.64% move recently and a price near its 24h high of $2.90. Volume is healthy at 4.01M SANTOS traded, confirming interest.
Entry Zone:
Consider entering long in the range of $2.75 - $2.83 for a good risk/reward balance, ideally near support zones around $2.66 to $2.70.
Targets:
$2.90 (recent 24h high, first profit-taking level)
$3.05 (psychological resistance and round number)
$3.20 (next major resistance based on historical levels)
Stop Loss:
Set stop loss below the recent swing low or strong support, around $2.52 to limit downside risk.
Key Levels:
Support: $2.66, $2.52, $2.39
Resistance: $2.90, $3.05, $3.20
Pivot: Near $2.79 (midpoint between current price and recent support)
Pro Tip:
Watch volume confirmation on any pullbacks into the entry zone. Strong buy volume near support increases the chance of a successful bounce. Also, avoid chasing above $2.90 without pullback—wait for a retracement for better entries.
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