$SANTOS

** Update **


As the chart shows, the main reason for the decline in SANTOS is that the SMC entry point for this coin is above $4.7 and $5.2. In other words, if you want to buy this coin now, you will experience patience, but the surge will be quicker and higher than expected.

As for the support, we have 2 supports on $3.964 and $3.761, they are also higher bottoms which makes it logical for the coin to start the upward trend from the current price.

On the day chart, we can see an accurate cup and handle pattern in its final stages supported by the fact that the nearest resistant is between $7.5 and $8 and I think it's not logical to sell the coin under these prices.