Rejection is clean and structure is leaning lower… SANTOS is setting up for a potential breakdown from this range.
$SANTOS / USDT – SHORT
Trade Plan
Entry: $1.26 – $1.30
SL: $1.35
TP1: $1.20
TP2: $1.15
TP3: $1.08 (if momentum expands)
Why This Setup?
4H Structure: Price is forming lower highs after rejection from $1.338, confirming bearish continuation pressure.
Price Positioning: Trading mid-range but closer to resistance rejection zone, giving better short risk-reward.
Trend Context: Overall structure remains bearish with no strong reclaim of higher levels, and rallies are getting sold into.
Volume Behavior: Upside moves are weak and lack strong follow-through, suggesting sellers are still dominant.
Support Focus: $1.198 is the key level. A breakdown below this zone can trigger acceleration toward lower liquidity areas.
As long as price stays below $1.31–$1.33, downside continuation remains the higher probability.
Debate:
Is SANTOS forming a base before a reversal…
Or is $1.19 about to break and continue the downtrend?
Trade $SANTOS here 👇
