$SANTOS /USDT – Rejection from Local High! Short Setup Brewing! 🚨
Current Price: $2.610 (+0.58%)
$SANTOS is showing clear signs of rejection near $2.68–$2.69 zone with multiple lower highs forming. Bears may take control if support at $2.60 cracks.
Key Resistance Levels:
$2.690 (24H High)
$2.660
$2.635
Key Support Levels:
$2.600 (psychological level)
$2.575 (24H Low)
$2.520
Short Trade Setup:
Entry Zone: $2.610 – $2.640
TP1: $2.570
TP2: $2.520
TP3: $2.450
Stop Loss: $2.690
Market Insight:
Price failed to push through $2.69 resistance multiple times, forming a potential double top. Bearish engulfing candle signals a possible short-term retracement.
Pro Tip:
Use tight risk management below $2.60 support zone—quick breakdowns can offer solid scalp opportunities.
Keep it sharp—this setup favors quick downside if $2.60 breaks cleanly!
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