💿 Currency / Symbol: SANTOS 🪙 $SANTOS
💼 Recommendation: SPOT Trading 🏃 Instant
💸 Buy / Entry: 1.430 – 1.450
📊 The currency is bouncing from a momentary support near the level of 1.38 with strong bullish candles appearing, indicating the beginning of a recovery wave targeting a retest of previous peaks around 1.60+.
💲 Targets (Take Profit) 💰
🏹 First Target: 1.510
🔹 Exceeding this indicates a restoration of short-term bullish momentum.
💣 Second Target: 1.580
🔸 Breaking this level reinforces the continuation of the positive trend towards higher resistances.
👑 Third Target: 1.650
▪️ The highest target of the current wave provided it maintains above the support area.
━━━ 🚨 ━━━━
🛡 Stop Loss: 1.380
🔹 Breaking this level temporarily invalidates the bullish scenario.
📝 Currency Analysis 🔍
The SANTOS currency shows clear bullish momentum after bouncing from strong support, and with the current positive movement, it is expected to gradually head towards retesting previous peaks around the area of 1.60 and above.
💡 Capital Management Advice:
Do not exceed 10% of capital in the trade, and start securing profits gradually from the first target.
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✍🏻 𝓓𝓻. 𝓖𝓱𝓪𝓼𝓼𝓪𝓷 👑
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