$SAPIEN /USDT TECHNICAL ANALYSIS โ BEARS MAINTAIN CONTROL, FURTHER DOWNSIDE LIKELY ๐
Market Next Move (Bearish Bias):
$SAPIEN /USDT is showing clear bearish pressure after failing to sustain above the 0.150โ0.148 resistance zone. Price is trading near the lower range with consistent lower highs, indicating sellers are in control. Unless a strong reclaim above key resistance occurs, the market is likely to continue its downward move toward lower support levels.
Immediate Explanation:
The rejection from 0.1508 and continuation below 0.1439 highlights weak bullish momentum. Volume does not support a reversal yet, suggesting bears may push the price toward the 0.133โ0.132 support area in the near term.
๐ Trade Setup
๐ด Trade Type: Short (Sell on pullback or breakdown)
Entry Zone:
0.1400 โ 0.1439
๐ฏ Targets (TP):
TP1: 0.1361
TP2: 0.1331
TP3: 0.1322
๐ Stop Loss (SL):
0.1480 (Above key resistance)
๐ Market Outlook
Overall structure remains bearish below 0.148โ0.150. Any short-term bounce is likely to face selling pressure unless the price reclaims and holds above the major resistance zone. Caution is advised for longs until a confirmed trend reversal appears.
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