Signal Trading Summary:
- Santos FC Fan Token (SANTOS)
- Entry [Sell/Short] : $1.986
- Stop Loss [SL] : $2.155
- Take Profit [TP] :
- TP1: $1.802 – $1.836
- TP2: $1.720 – $1.642
- Stargate Finance (STG)
- Entry [Sell/Short] : $0.1880
- Stop Loss [SL] : $0.2072
- Take Profit [TP] :
- TP1: $0.1619 – $0.1495
- TP2: $0.1495
- Dusk (DUSK)
- Entry [Buy/Long] : $0.10767 – $0.09977
- Stop Loss [SL] : $0.07620
- Take Profit [TP] :
- TP1: $0.12404
- TP2: $0.13374 – $0.14762
1. Santos FC Fan Token (SANTOS)
The rebound movement of SANTOS began to show weakness after the price touched the harmonic resistance which coincided with the full Fibonacci retracement area in the range of $1,988-$2,059. The area triggered price rejection and increased the potential for a short-term correction.
The closest support cluster is at $1,802-$1,836 and could potentially be the initial downside target if the selling pressure continues.
Potential Sell/Short Setup SANTOS:
Entry [Sell/Short]: $1.986
Stop Loss [SL]: $2.155
Take Profit [TP]:
- TP1: $1.802 – $1.836
- TP2: $1,720 – $1,642
2. Stargate Finance (STG)
STG registered a significant price increase after the close of the latest daily candle, which managed to raise the attention of market participants. However, the bullish movement has now entered a crucial resistance area in the range of $0.1969-$0.2056, which could potentially trigger a price reaction.
If there is a rejection at the resistance area and the price moves below the zone again, then a short selling opportunity opens with a downside target towards the RBS (resistance becomes support) area at $0.1619.
This setup is invalid if the price is able to breakout and hold above the resistance area.
Notes:
Short selling is only recommended once there is confirmation of a bearish candle accompanied by increased volume.
Potential Sell/Short STG Setup:
Entry [Sell/Short]: $0.1880
Stop Loss [SL]: $0.2072
Take Profit [TP]:
- TP1: $0.1619 – $0.1495
- TP2: $0.1495
3. Dusk (DUSK)
DUSK’s price rebound attempt encountered rejection at the SBR (support become resistance) area at $0.13374, which triggered continued selling pressure until now.
However, the downward momentum began to weaken after the price entered the harmonic support area in the range of $0.08957-$0.10019. This zone has the potential to become an area of demand if it is able to withstand selling pressure.
As long as the price of DUSK can hold and move above the support area, further rebound opportunities are still open, with the main target pointing back to the previous resistance area.
Potential Buy/Long Setup DUSK:
Entry [Buy/Long]: $0.10767 – $0.09977
Stop Loss [SL]: $0.07620
Take Profit [TP]:
- TP1: $0.12404
- TP2: $0.13374 – $0.14762
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
*Disclaimer: Pintu Futures activities (trading futures contracts on crypto assets) are carried out by PT Porto Komoditi Berjangka, a Futures Brokerage company licensed and supervised by Bappebti and is a member of CFX and KKI. Trading futures contracts on crypto assets has high risks, one of which is the risk that Leverage can provide greater profits or losses.