SANTOS has broken out of a multi-month falling wedge pattern, confirming the move with a strong bullish candle closing above the upper trendline. Current price is 3.026 USDT, up +11.33% for the session.
The measured move from the pattern projects a potential target near 6.50 USDT (+136.83% from the breakout zone). Price action shows increasing momentum following the breakout, which could indicate continuation toward higher levels.
Key levels:
Breakout zone: ~2.45 USDT
Projected target: 6.50 USDT
Invalidation: close back inside wedge
Pattern breakout confirmed – monitoring for follow-through toward target.
The measured move from the pattern projects a potential target near 6.50 USDT (+136.83% from the breakout zone). Price action shows increasing momentum following the breakout, which could indicate continuation toward higher levels.
Key levels:
Breakout zone: ~2.45 USDT
Projected target: 6.50 USDT
Invalidation: close back inside wedge
Pattern breakout confirmed – monitoring for follow-through toward target.
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免責事項
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