Price Position and Structural State
Santos FC Fan Token (SANTOS) closed at 0.5134 USDT on August 30, 2026, down 3.24%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.4124 USDT, with resistance near 0.732 USDT. A daily close below 0.4124 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
SANTOS is trading below short-term moving averages while still holding above longer-term support. MA14 at 0.525721 USDT may cap short-term recovery attempts, while MA20 at 0.50943 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure.
Trading Friction and Price Efficiency
SANTOS shows moderate trading friction, with a 3-day friction score of 41.1. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest increased +1.89% in one day but remains near the lower side of its 180-day range. This shows participation is improving from a low leverage base.
Funding is positive on the 24-hour average at +0.005000%, with the 7-day average also positive at +0.005000%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 2.07, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
SANTOS shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.116 | 0.164 | 0.013 | Weak linkage |
| 60D | 0.276 | 0.445 | 0.076 | Weak linkage |
| 180D | 0.413 | 0.648 | 0.17 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
SANTOS's bands are opening, but the move still lacks full support. Bollinger Band width% reads 26.95, close to the top of its 60-day range. ATR% reads 7.56, near the lower side of its full historical range. 20-day Volume Z-score is -0.42, showing near-normal participation.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +11.08%, while RSI is 49.85.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. SANTOS has a weak link to that market condition, so price behavior depends more on its own structure than on the broader market trend.
Key Levels for the Next State Change
For SANTOS, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.732 USDT establishes a bullish regime, while a daily close below 55-day support at 0.4124 USDT confirms a bearish regime.