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$SANTOS /USDT Technical Analysis: Holding Above Support with Potential for Continuation📈💯🔥🎯

The summary of $SANTOS

/USDT trading data:

Current Price: $3.332

Price Change (24h): +0.73%

24h High: $3.431

24h Low: $3.091

24h Volume (SANTOS): 2.40M SANTOS

24h Volume (USDT): 7.81M USDT

Current Timeframe: 15m (Up by 0.60%)

Key Levels:

Support (Potential Entry Zone): $3.10 - $3.15 (near 24h low and support zone)

Resistance (Potential Exit Zone): $3.40 - $3.43 (near 24h high and resistance zone)

Entry Strategy:

Long Entry: A potential entry could be considered if the price holds above $3.20 and shows signs of a bullish reversal. If the price breaks above $3.35, it could confirm a move towards the resistance zone near $3.40.

Exit Strategy:

Profit Target (Exit): Target exit points near $3.40 - $3.43. If the price surpasses this level, the next resistance target could be around $3.50.

Stop-Loss: Place a stop-loss below $3.10 to limit risk, ideally around $3.05.

Sentiment:

Neutral to Bullish: The 0.73% increase in the last 24 hours and the 0.60% gain in the 15-minute timeframe suggest moderate bullish momentum. The price is holding above key support, indicating potential for upward movement.

Bullish Continuation: If the price breaks above $3.35, expect further upward movement towards the $3.40 - $3.43 range, with a possibility of continuing higher if momentum persists.

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