The $SAPIEN rally continues! Price is holding strong at $0.16507, up a massive +26.35% in the last 24 hours.
Key Technical Insights:
• Momentum Confirmed: The 7-period Moving Average (MA(7) at $0.16737) has sharply crossed above the MA(25) at $0.14456, indicating significant short-term buying pressure.
• Volume Surge: Daily volume is robust at 336.24M (SAPIEN), suggesting high market interest and liquidity supporting the upward move.
• Resistance Watch: The price hit a 24-hour high of $0.17479 before a minor pullback. This level is now the immediate test for continuation.
Analyst View: The strong move off the 24h low of $0.12380, backed by solid volume, points to an aggressive accumulation phase. Watch for a decisive break and hold above the $0.175 mark to confirm the next leg up.
This post is for informational purposes only and is not financial advice. Trade responsibly.
