Strong Buy: SANTOS Breakout with Targets to $18
I'm buying and longing SANTOS at $3.40 after a confirmed breakout — I view the token as significantly undervalued relative to upside potential.
My staged targets are $4, $5, $7, $10 and $18; I plan to scale into the position and take profits in tranches as each target is reached while managing risk around the breakout level.
Analysis
The confirmed breakout indicates momentum and clear short-to-medium-term upside, but token fundamentals and liquidity are uncertain, so price action may be volatile and subject to sharp swings.
Recommendation
Adopt a strong-buy stance with measured position sizing, use stop-losses to limit downside, and take partial profits at the listed targets to lock gains.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
