$SANTOS Today, Santos (SANTOS) is seeing a potential bearish trend, indicated by resistance near its current price of 3.416. If this resistance holds, a bearish sentiment could dominate, leading to potential declines in value. Traders may look to a sell target around 3.20 as a cautious exit point, with a further dip possibly toward 3.00 if market conditions worsen.
On the upside, if SANTOS manages to break past 3.50, it could signal a bullish reversal. In that case, the next target could be around 3.70. Current indicators, however, suggest more of a cautious or bearish approach as long as price struggles near resistance.
Target price (bullish): 3.70
Sell price (bearish): 3.20
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