$SANTOS experienced long liquidations near $1.721, signaling that bullish leverage was flushed after price failed to hold short-term upside momentum. This liquidation reset suggests a transition into consolidation rather than immediate continuation. Immediate support is located at $1.68, a key demand zone that must hold to prevent continuation toward $1.58. If buyers defend this area, price may stabilize and rebuild structure. On the upside, resistance is aligned at $1.78, followed by a stronger supply zone near $1.92. A confirmed reclaim above $1.78 would stabilize structure and activate the next target at $2.10. Until resistance is reclaimed, bias remains neutral-to-cautious with range-bound behavior favored.

$SANTOS

SANTOS
SANTOSUSDT
1.862
+2.81%