The $SNT /USDT pair on the 15-minute chart is currently trading at 0.03969, reflecting a 39.90% increase over the last 24 hours.
The recent high of 0.04870 acts as a key resistance level, and a break above this could signal further bullish potential. The nearest support is around 0.03495, which is important to watch if the price starts to retreat.
Traders may consider entering at the current price of 0.03969, aiming for take-profit targets set close to one another: TP1 at 0.04200, TP2 at 0.04500, and TP3 at 0.04870.
A stop-loss (SL) should be placed just below the support level, around 0.03450, to manage potential downside risk.
The RSI is at 33.33, suggesting that the asset is nearing an oversold condition, which may indicate a potential for reversal or a consolidation phase before another move up.
Monitoring the MACD and volume trends will be key to confirming any change in market direction.
