$SANTOS is holding strong around $1.14, showing early signs of a bullish reversal as short positions start getting squeezed.
The Long/Short ratio jumped sharply, meaning shorts are under pressure — a breakout could push price faster.
Momentum is stable (RSI ~54), so the market is not overbought yet — room for a move is still there.
Key levels:
Support: $1.12
Resistance: $1.16 (break = strong upside)
Target: $1.20
One caution — some profit-taking is happening, so volume confirmation is important for a clean breakout.
Strategy: Look for entries near $1.12 support or wait for a break above $1.16. If breakout confirms, momentum can accelerate quickly.
Overall, this setup has nice spot potential with a possible short squeeze in play. 🚀$SIREN $BIFI #OilPricesDrop