2026-01-16 05:30:47

SANTOS this wave of market movement is indeed worth paying attention to. From the chart, the highs and lows are continuously rising, forming a typical bullish structure. Previously stuck in a long-term consolidation range between 2.16 and 2.20, it has now finally broken through effectively, and the trading volume has noticeably increased, indicating that the buyers have indeed taken control of the rhythm.

From a technical perspective, the strength of this breakout is quite good. If you want to participate in this round of market movement, the range of 2.26 to 2.32 is a relatively reasonable entry point. Looking ahead, focus on the two resistance levels at 2.38 and 2.45. If they can be broken through smoothly, then 2.55 will be the next target. The overall rhythm feels like the buyers have truly taken full control of the market, and there is still a sense that a breakout is imminent.

SANTOS13,16%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
4
Repost
Share

Comment

0/400

WalletWhisperer

· 9h ago

Breaking through is breaking through, but I am still a bit cautious about this gentle volume increase; it could be easily crushed.

View OriginalReply0

RugPullAlertBot

· 9h ago

Wow, this move is really something. Entering on 2.26 feels like a good move.

View OriginalReply0

MysteriousZhang

· 9h ago

Breakout means you need to chase; entering at 2.26 is very stable. SANTOS is indeed a bit interesting this time; the previous consolidation was really frustrating. It should break through 2.45, feels like a good rhythm. Breaking 2.20 is really comfortable, finally no more sideways movement. The buyers really seized this wave; now just see if it can reach 2.55. Volume increase makes it easier; just looking at the chart feels good. The entry point was chosen well, I picked the former at 2.26 over 2.32. The breakout strength is good, but don’t be too optimistic. This time, SANTOS feels different; the sense is very strong. The continuous rise in highs and lows is truly bullish, still need to keep an eye on it.

View OriginalReply0

MeaninglessApe

· 9h ago

Hmm... starting to make up stories again. I'm already tired of this technical analysis routine.

View OriginalReply0