WHILE MOST PEOPLE SEARCH FOR THE BOTTOM,
$SANTOS MAY BE PREPARING A NEW WAVE OF DECLINE.
Timeframe: 1D
The daily structure remains confidently bearish after a prolonged sell-off, and buyers currently show no signs of returning.
Any weak rebound toward 0.490–0.500, especially after a false breakout above 0.492, may become an opportunity to continue the decline.
The first target is 0.458.
Next — 0.441.
The next target — 0.427.
As selling pressure intensifies, the price may test 0.380.
Stop-loss: above 0.523.
The scenario is invalidated only after a firm hold above 0.548.
What do you think—will we see 0.380, or will buyers be able to stop the fall earlier?
#SANTOS #CryptoTrading #PriceAction