$SANTOS $SANTOS $SANTOS

Professional Analysis of the Chart

#### Support and Resistance Levels

- **Support Levels:**

- $4.912 (24-hour low)

- $4.800 (recent consolidation area)

- $3.161 (previous low before the spike)

- **Resistance Levels:**

- $5.989 (24-hour high)

- $6.686 (intermediate resistance)

- $8.320 (recent high)

#### Entry Signal

- **Entry Point:** Consider entering around the current price level of $5.058 if the price shows signs of stabilization and upward momentum.

- **Stop Loss:** Place a stop loss slightly below the recent support level, around $4.800.

- **Take Profit Levels:**

- **First Take Profit:** $5.989 (24-hour high)

- **Second Take Profit:** $6.686 (intermediate resistance)

- **Third Take Profit:** $8.320 (recent high)

### Brief Description

The image is a trading chart for the SANTOS/USDT pair on Binance, showing a significant price movement within a 4-hour timeframe. The chart is relevant for traders looking to analyze price action, identify support and resistance levels, and make informed trading decisions based on recent market behavior.

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