Technical Analysis: SANTOS/USDT on Binance
Current Price: $4.27
24h Change: +8.21%
Overview
The SANTOS/USDT pair has been showing bullish momentum over the last 24 hours, bouncing off its recent low and reaching a high of $4.30. The increase in trading volume indicates heightened interest from traders.
Key Levels
1. Support Level: $4.05
This level has been tested multiple times and serves as a strong base for potential upward movement.
2. Resistance Level: $4.30
The recent high of $4.30 is a crucial resistance level. A breakout above this point could signal further bullish momentum.
3. Target Level: $4.57
If the price can maintain momentum and break through $4.30, the next target to watch for is $4.57. This level aligns with recent price action and can act as a potential profit-taking point.
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