⚽️ $SANTOS/USDT – Technical Analysis (1D)
Current Price: $2.669
Daily Change: +19.36% 🚀
Status: Explosive breakout from a descending channel with strong momentum.
🧪 Moving Averages
MA 7: $2.328 ✅
MA 25: $2.129 ✅
MA 99: $2.253 ✅
Price above all MAs, with the 7-day MA crossing the 25- and 99-day MAs—a bullish golden cross.
📊 Trend & Momentum
Breakout: Confirmed escape from descending channel.
Volume: High volume and a strong bullish candle suggest whale activity.
Shift: First major bullish move after months of consolidation.
🎯 Upside Targets
$3.00: Psychological level and prior resistance.
$3.42: April 2024 high.
$3.90: February breakdown resistance.
🛡️ Support Levels
$2.45: Breakout zone.
$2.25: 99-day MA and structural base.
$2.00: Psychological support.
🔍 Outlook
$SANTOS has broken key resistance at $2.40–$2.50 with strong volume. Holding above $2.45 could trigger a rally to $3.00+. Dips to $2.25–$2.45 are potential entry points if the broader market stays supportive.
🧠 Strategy
Buy: Dips to $2.25–$2.45.
Stop-Loss: Below $2.00.
Watch: Volume for breakout confirmation.
$SANTOS is primed for a mid-term rally—stay alert! 🏃♂️
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