$SANTOS / USDT: Post-Pump Correction and Key Support Levels to Watch🔥
Taking a look at the $SANTOS / USDT 4-hour chart, we're currently seeing a significant correction after a sharp pump.
What we observe:
* Pump & Dump: $SANTOS experienced a strong upward move earlier, hitting a 24-hour high of $2.270. However, it quickly retraced most of those gains.
* Current Price: The price is currently $1.905, down 1.40% in the last 4 hours, and 2.31% up from the last recorded $1.9.
* 24h Stats:
* High: $2.270
* Low: $1.858
* Volume (SANTOS): 2.22M
* Volume (USDT): 4.49M
Key things to consider:
* Volatility: SANTOS is clearly a volatile asset, as seen by the recent pump and subsequent dump.
* Support & Resistance: The 24-hour low of $1.858 could act as an immediate support level. If that breaks, we might see further downside.
* Trend: While the recent pump was notable, the longer-term performance (30D, 90D, 180D, 1Y) shows a bearish trend, suggesting that rallies might be short-lived unless there's a fundamental shift.
What's next?
Traders should watch the $1.858 level closely. A bounce from here could indicate a potential consolidation, while a break below could signal further downside. As always, manage your risk and do your own research (DYOR)!
What are your thoughts on SANTOS/USDT? Share in the comments! 👇
