SANTOS/USDT Trade Setup
SANTOS/USDT is demonstrating strong momentum, currently trading at $3.531 (+2.88% in the last 24 hours).
The price action between $3.432 (support) and $3.636 (resistance) provides attractive trading opportunities.
Here's a straightforward plan:
Long Position:
Entry: Above $3.55 (confirming a breakout).
Targets:
TP1: $3.65
TP2: $3.70
Stop Loss: Below $3.48
Short Position:
Entry: Below $3.50 (confirming a breakdown).
Targets:
TP1: $3.45
TP2: $3.40
Stop Loss: Above $3.57
With 7-day gains of +7.26%, SANTOS shows bullish potential, but given its volatile nature, cautious execution is crucial.
Stick to your risk management strategy and let the trade play out!