$SANTOS Many army signals
SANTOS completed a significant 'V-shaped reversal structure' after touching 1.819: the low was quickly reclaimed, repeatedly tested without breaking lower, and then a strong bullish candle pushed the price back above the key moving average. The entire rhythm switched from a weak range to a bullish control zone.
The current price is steadily above the 2.18 – 2.20 area, which is the first strong confirmation after the reversal. The short-term moving averages have realigned upwards, buying pressure continues to strengthen with increasing volume, and a bullish rhythm has formed.
As long as it does not break below 2.08 again, the short-term bullish trend remains strong.
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Bullish trading strategy
Entry range
2.18 – 2.22
Take profit targets
T1 2.28
T2 2.34
T3 2.42
Stop loss
2.08
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SANTOS is currently in the 'first stage of upward attack after the reversal'. If it breaks through 2.28 with increased volume, it will open up further acceleration space, and the probability of hitting 2.42 will rapidly increase.
Trade now $SANTOS
