$SANTOS is still trading in a bearish market structure after failing to break and hold above key resistance đ
Recent move shows a liquidity grab + rejection at the highs, followed by a BOS to the downside â bias stays SELL.
đ Sell plan (based on the chart):
Sell zone: 2.05 â 2.15 (H1 supply + liquidity zone)
Target 1: 1.95
Target 2: 1.88
Target 3: 1.82 â 1.80 (weak low liquidity)
Stop-loss: Above 2.18 (above supply / invalidation)
đ§ Market insight:
Multiple rejections at equal highs ($)
Bearish CHOCH + BOS confirm downside continuation
Expecting pullback â sell continuation, not a reversal
Best entries come from lower TF confirmation (M5âM15)
â ïž Educational content only. Not financial advice. Always manage your risk and position sizing.
SANTOSUSDT
Perp
1.898
-1.55%