$SANTOS

SANTOS

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USDT Technical Analysis

Current Price: 2.206

Market Structure

Short term trend is bearish to sideways

Price rejected strongly from 2.33–2.34 resistance

Lower highs forming after the spike selling pressure

Key Levels

Resistance: 2.26 – 2.30

Major Resistance: 2.33 – 2.34

Support: 2.19 – 2.18

Strong Support: 2.15 – 2.12

Scenario

If price stays below 2.26, downside continuation likely

Break below 2.18 move toward 2.15

Bullish only if 2.30 breaks and holds

Trade Idea

Short below 2.26

Targets 2.19 2.15

Stop loss above 2.30

Bias

Short term bearish

Wait for support reaction before long entry