SANTOS / TetherUS PERPETUAL CONTRACT
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SANTOS Buy/Long Setup (4H)

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We have a strong CH on the chart and a strong upward reaction from the 0.768 Fibonacci level of the previous wave, which suggests that this drop may be a corrective move rather than a reversal.

On pullbacks into the support zones, we can take the risk and enter buy/long positions.

We have two entry points for entering the position, which should be done using DCA.

The targets are marked on the chart.

A daily candle close below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Operación activa
After hitting the first entry point, it pumped more than 5%, and the first target was hit.
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