$SANTOS /USDT: Breakout or Rejection Ahead?
$SANTOS is trading at $3.178, up by 1.40%, after recovering from its 24-hour low of $3.022. The price is approaching a critical resistance level, with buyers showing strength to push higher.
Trade Setup
Entry Point: $3.178
Targets to Watch
1. First Target: $3.220
2. Second Target: $3.280
3. Third Target: $3.350
Support Levels
Immediate support at $3.100, with critical support at $3.020.
Analysis
The RSI at 72.09 indicates overbought conditions, suggesting caution as $SANTOS nears resistance. A breakout above $3.220 could confirm a bullish continuation, while failure to sustain above $3.100 might signal consolidation or a pullback. Monitor volume for confirmation of the next move.