$SANTOS
🔥 SANTOS/USDT Technical Analysis – Price at 3.561 🚀
The SANTOS/USDT pair is trading at 3.561, hovering near key levels that could determine its next significant move. Let’s dive into the technical breakdown:
Support Zone: The immediate support is at 3.500, a psychological and technical level where buyers may step in. If this level holds, it could provide a base for an upward push. Below this, 3.400 acts as the next major support.
Resistance Zone: On the upside, 3.650 is the immediate resistance. A breakout above this could trigger a rally toward 3.800, a critical area that could attract profit-taking.
Momentum Indicators: The RSI is at 48, showing neutral momentum but leaning slightly bearish. A push above 50 could signal renewed buying interest. Meanwhile, the price is testing the 20-period moving average—holding above it would strengthen bullish sentiment.
Entry Strategy:
Bullish: Enter above 3.650 with a target of 3.800 and stop-loss below 3.500.
Bearish: Consider short positions below 3.500, targeting 3.400, with stop-loss above 3.650.
SANTOS/USDT is at a crossroads, with the 3.500 support and 3.650 resistance as the key battlegrounds. Watch these levels closely and prepare for breakout opportunities!
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