Market Overview: SANTOSBTC 24-Hour Technical Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 2, 2026 6:42 am ET1min read
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- Santos FC Fan Token/Bitcoin (SANTOSBTC) dropped 0.54% to 1.967e-05 over 24 hours amid bearish momentum.

- A 03:45 ET volume spike confirmed a sharp price decline to 1.97e-05, with Bollinger Bands tightening midday before a bearish breakout.

- MACD remained negative while RSI hit oversold levels, suggesting potential short-term bounce but requiring volume confirmation for any recovery.

- Key support at 1.96e-05 faces testing, with Fibonacci 61.8% retracement at 1.97e-05 acting as temporary resistance before consolidation.

Summary
• Price declined from 2.021e-05 to 1.967e-05 over 24 hours, forming bearish momentum.
• Volume spiked at 03:45 ET with a sharp price drop to 1.97e-05.
• Bollinger Bands tightened midday, indicating a possible breakout.

Santos FC Fan Token/Bitcoin (SANTOSBTC) opened at 2.021e-05 and traded between 1.961e-05 and 2.041e-05 over the 24-hour period, closing at 1.967e-05. Total volume amounted to 7,314.72, with a notional turnover of approximately 0.1459 BTC.

Structure & Formations


Price action showed a clear bearish trend over the 24-hour period, with key support forming near 1.96e-05 and resistance near 2.02e-05. A large bearish engulfing pattern developed at 03:45 ET, signaling a shift in sentiment from bullish to bearish. A doji formed near 1.98e-05 around 00:00 ET, indicating indecision in the market.

Moving Averages


On the 5-minute chart, the price closed below both the 20-period and 50-period moving averages, reinforcing the bearish bias. On the daily chart, the 50-period MA was at 1.99e-05, suggesting further downward momentum is likely if this level breaks.

MACD & RSI


The MACD line remained negative for most of the day, with the histogram showing a bearish divergence as price declined. RSI fell into oversold territory below 30, suggesting a potential bounce could be in play, though confirmation is needed.

Bollinger Bands


Bollinger Bands contracted between 01:00 ET and 06:00 ET, signaling a potential breakout. Price eventually broke to the downside, confirming the bearish bias.

Volume & Turnover


Volume surged at 03:45 ET during a sharp price drop, confirming bearish momentum. However, notional turnover remained low, indicating limited conviction in the move. Divergence between volume and price action occurred in the early morning, suggesting some uncertainty in the market.

Fibonacci Retracements


Applying Fibonacci levels to the recent 5-minute swing (2.021e-05 to 1.961e-05), the 38.2% retracement is at 1.99e-05 and the 61.8% is at 1.97e-05. The price appears to have found temporary resistance at the 61.8% level before consolidating.

In the next 24 hours, a test of the 1.96e-05 support level may occur, with a potential bounce if RSI shows signs of recovery. Investors should monitor for volume confirmation during any upward attempt, as divergence could indicate a false recovery.