๐ Technical Analysis for $SANTOS
/USDT ๐
Looking at the SANTOS/USDT pair, here's a breakdown of the current market and key target levels to watch for:
๐น Current Price: $4.169
๐น 24h High: $4.471
๐น 24h Low: $4.021
After a slight pullback in the past 24 hours, let's dive into the key levels that traders should focus on for potential movements.
๐ฏ Target 1: $4.240
The price is currently consolidating near the $4.169 level. A breakout above $4.240 could signal a positive trend, with the potential to challenge the 24h High of $4.471. Keep an eye on the volume here for confirmation of upward momentum.
๐ฏ Target 2: $4.471
If the market stays strong, the $4.471 resistance level will be a crucial zone to watch. A successful break above this level could open the path toward higher targets, potentially reaching the $4.60 area. Watch for price action around this level for any signs of reversals.
๐ฏ Target 3: $4.021
On the downside, $4.021 offers significant support. If price action pulls back, this could be a key level for potential entry. A bounce from this level could signal a short-term reversal toward higher targets.
๐ Key Insights:
Support Zone: $4.021
Resistance Zone: $4.471
Next Potential Move: Break above $4.240 could lead to a fresh rally.
As always, stay vigilant and manage risk accordingly. Happy trading! ๐
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