Market Overview for Santos FC Fan Token/Bitcoin

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 17, 2026 7:07 am ET1min read
BTC
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Aime RobotAime Summary

- SANTOSBTC experienced a bearish trend with multiple breakdowns below key support levels (2.48e-05, 2.442e-05) during 2026-01-17 trading.

- RSI entered oversold territory late in the session, hinting at potential short-term bounce despite continued downward momentum from moving averages.

- Low volume and Bollinger Band contraction reinforced bearish pressure, with price lingering near lower bands most of the session.

- 61.8% Fibonacci retracement at 2.53e-05 failed to provide resistance, while 38.2% daily retracement offers limited near-term support for the pair.

Summary
• Price action on SANTOSBTC showed a bearish trend with multiple breakdowns below key levels.
• Volatility dipped after a midday spike, but volume remained subdued post-breakout.
• RSI signaled oversold conditions late in the session, suggesting potential for a near-term bounce.

24-Hour Performance


Santos FC Fan Token/Bitcoin (SANTOSBTC) opened at 2.536e-05 and closed at 2.501e-05 on 2026-01-17 at 12:00 ET, with a high of 2.562e-05 and a low of 2.434e-05. Total volume traded over the 24-hour period was 1,565.82, with notional turnover of 0.0398 BTC equivalent.

Structure and Candlestick Patterns


The price action exhibited a strong bearish trend, particularly from 18:15 to 22:45 ET, where multiple 5-minute candles showed bearish engulfing patterns and long lower wicks. A small doji appeared near the 22:45 ET session, hinting at indecision and potential reversal. Key support levels emerged at 2.48e-05 and 2.442e-05, both holding through much of the session.

Moving Averages and Momentum

The 20-period and 50-period moving averages on the 5-minute chart remained in a downward trajectory, indicating continued bearish momentum. MACD showed a bearish crossover in the early session, confirming the short-term sell-off. RSI dipped into oversold territory around 06:30 ET, suggesting that a countertrend move could be on the cards, though the broader trend remains bearish.

Volatility and Bollinger Bands


Bollinger Bands showed a contraction during the overnight session, followed by a brief expansion at midday as volatility increased. Price remained near the lower band most of the session, with only minor attempts to re-enter the middle band in the late afternoon. This pattern suggests a continuation of bearish pressure unless a strong buy signal emerges.

Volume and Turnover


Volume was relatively low for most of the session, with the exception of midday, where a sudden increase in activity drove a short-lived rally. Notional turnover also spiked during this time but failed to sustain the upward move. Divergence between price and volume suggests limited conviction in the current trend.

Fibonacci Retracements


On the 5-minute chart, a 61.8% Fibonacci retracement level was reached at 2.53e-05, where the price failed to break through, reinforcing the bearish bias. On the daily chart, the pair is trading near the 38.2% retracement level of its recent swing, which may offer limited short-term support.

Over the next 24 hours, the market may test the 2.442e-05 level for a possible bounce, but the broader bearish trend remains intact. Investors should remain cautious and watch for any divergence between volume and price action, as this could signal a shift in momentum.