⚽️ $SANTOS /USDT – Technical Analysis (1D Timeframe) Curre
Monnie Brunt OkvK
Updated at: 4 hours ago
{"content":"⚽️ $SANTOS /USDT – Technical Analysis (1D Timeframe)
Current Price: $2.669
Daily Change: +19.36% 🚀
Status: Explosive breakout from long-term downtrend resistance with high momentum.
🧪 Moving Averages
MA 7: $2.328 ✅
MA 25: $2.129 ✅
MA 99: $2.253 ✅
The price is now trading above all key moving averages, signaling a bullish momentum reversal. The 7-day MA has crossed both the 25 and 99 MA – a golden short-term bullish signal.
📊 Trend Structure
Breakout from descending channel confirmed.
First strong bullish candle after months of sideways-to-down action.
High volume and large candle body suggest institutional or whale interest.
🎯 Upside Targets
Target 1: $3.00 — psychological round number + previous rejection zone
Target 2: $3.42 — April 2024 local top
Target 3: $3.90 — key resistance from February breakdown level
🛡️ Support Levels
Support 1: $2.45 — prior breakout area
Support 2: $2.25 — 99-day MA and structure base
Support 3: $2.00 — key psychological level and base of last consolidation
🔍 Summary
SANTOS has delivered a clean and strong breakout, breaking above both its long-term MA99 and horizontal resistance near $2.40–$2.50. If this breakout holds for the next 1–2 daily candles, the next push toward $3.00+ could arrive rapidly.
The formation hints at the beginning of a mid-term rally, especially if BTC and the broader market remain supportive.
🧠 Final Note:
If SANTOS can maintain daily closes above $2.45, this may be the start of a trend reversal after prolonged suppression. Dips into $2.25–$2.45 could offer entry opportunities, and volume spikes are suggesting something big is brewing.
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