Market Overview for Santos FC Fan Token/Bitcoin (SANTOSBTC) – 24-Hour Analysis (2025-10-13)

• Price opened at $1.266e-05 and rose to a high of $1.313e-05 before closing near $1.281e-05.
• Volatility spiked midday with a sharp rally to $1.313e-05 but failed to hold gains.
• A bullish engulfing pattern formed at the high, but volume failed to confirm strength.
• RSI hovered near 50, suggesting neutral momentum with no clear overbought or oversold signals.
• Volume surged to 903k units during the midday spike, but turnover failed to sustain the move.

The Santos FC Fan Token/Bitcoin (SANTOSBTC) pair opened at $1.266e-05 on 2025-10-12 at 12:00 ET and climbed to a 24-hour high of $1.313e-05 by 19:30 ET. It closed at $1.281e-05 at 12:00 ET on 2025-10-13. Total traded volume was approximately 12,553.99 units, with a notional turnover of roughly $1.605 (calculated using closing prices). The market showed moderate volatility and mixed momentum over the past 24 hours.

On the 15-minute OHLCV data, the pair tested key resistance levels around $1.313e-05 and $1.305e-05, with a bullish engulfing pattern forming at the high. However, volume on that candle was relatively modest, suggesting limited conviction. Support held around $1.28e-05 and $1.273e-05, where the price found temporary refuge after the failed rally. The pattern suggests a potential continuation or consolidation phase rather than a breakout.

Momentum indicators showed a balanced profile. The 20-period and 50-period moving averages crossed near the $1.28e-05 level, with the 50-period line acting as a dynamic support. MACD moved slightly above zero, indicating tentative bullish momentum, while RSI remained in the 50–60 range, implying a neutral bias. The pair did not enter overbought or oversold territory, and no clear divergence was observed between price and momentum.

Bollinger Bands reflected moderate volatility, with the price touching the upper band briefly during the midday spike. The bands did not show a significant contraction or expansion, suggesting stable volatility. Fibonacci retracements indicated key levels at 38.2% ($1.299e-05) and 61.8% ($1.287e-05), both of which were tested during the 24-hour period. The price may find direction depending on whether it holds above $1.28e-05 or breaks below $1.273e-05 in the near term.

The market appears to be consolidating within a defined range, with a potential shift in bias toward the lower end of the channel. Traders may watch for a close below $1.273e-05 or a sustained rally above $1.295e-05 for clearer directional cues. A failure to hold key support could lead to increased bearish pressure in the next 24 hours.

Backtest Hypothesis
A potential backtest strategy would focus on detecting a bullish engulfing pattern on the 15-minute chart, ideally confirmed by a surge in volume. Given the pattern seen at the $1.313e-05 high, a long entry could have been triggered at the close of that candle. Holding for 1 to 3 days would have likely resulted in a loss, as the price quickly retracted to $1.28e-05. The lack of volume confirmation on the bullish candle weakens the signal's reliability. A refined strategy might include stricter volume thresholds and additional filters such as RSI or Bollinger Band breakout conditions to avoid false signals.