Market Overview for Santos FC Fan Token/Bitcoin (SANTOSBTC)

• SANTOSBTC declined over 24 hours, closing below the opening level amid declining volume and bearish momentum.
• A sharp sell-off between 19:30–21:15 ET saw the price drop by ~3.4%, with RSI signaling oversold conditions.
• Volatility expanded during the 21:00–22:00 ET range, followed by consolidation and low-volume sideways action.
• A potential support level was tested at 1.24e-05, with price bouncing back moderately in the early hours of 12 October.
• MACD and RSI divergence indicates weakening bearish momentum, hinting at a possible near-term reversal.

The Santos FC Fan Token/Bitcoin (SANTOSBTC) pair opened at 1.311e-05 on 2025-10-11 at 12:00 ET, reached a high of 1.316e-05, and a low of 1.199e-05, before closing at 1.246e-05 as of 12:00 ET on 2025-10-12. Over the 24-hour window, the total traded volume was 13,100.00 SANTOS, with a notional turnover of ~$1.63 (assuming $30,000 BTC price).

The pair exhibited a bearish bias, especially between 19:30–21:15 ET, where it dropped from 1.316e-05 to 1.243e-05 in rapid succession. This sell-off was supported by a strong volume spike of 3,482.05 SANTOS, indicating aggressive bear participation. The price found temporary support at 1.24e-05, consolidating above it during the night with minimal volume. A 15-minute doji and hammer patterns formed near this support, suggesting possible short-covering or bullish countertrend interest. However, the 20-period and 50-period moving averages remained bearish, with price failing to close above either.

The RSI dropped into oversold territory during the 21:15–21:30 ET range, reaching ~28, followed by a modest recovery to ~45 by the close. MACD crossed into negative territory early in the session but began to narrow the bearish histogram, hinting at waning downward momentum. Bollinger Bands expanded during the sharp sell-off, then contracted during consolidation, with price staying within the upper and lower bands. Fibonacci retracement levels showed the 61.8% level at ~1.242e-05 was tested and rejected twice, reinforcing its relevance as a key support.

Volume patterns showed a clear divergence from price during the morning hours on 12 October, with price rising modestly while volume remained flat or near-zero. This suggests limited conviction in the recovery. However, a late rally in the 08:45–09:00 ET timeframe saw price climb to 1.269e-05, supported by a 1,426.89 SANTOS volume spike, indicating some short-term bullish activity.