$SANTOS Market Analysis – April 24, 2025 | 1H Chart
#SANTOS/USDT
Current Price: $2.418 (+0.75%)
🔍 Technical Outlook:
Bounce in Play: Price reclaiming short-term moving averages (MA-7: 2.39 / MA-25: 2.39) with higher lows building support.
MACD: Bearish pressure fading, bullish crossover brewing – early signs of momentum shift.
RSI (14): 61.30 – entering bullish zone without overbought stress.
Support Zone: $2.35 – 2.37 (near MA-99 and recent consolidation)
Resistance Area: $2.45 short-term, breakout level to watch
⚙️ Trade Setup (Short-Term):
Long Entry: On confirmation above $2.42 with volume pickup
Target: $2.45 – $2.49
Stop: Below $2.37 (just under MA cluster and structure)