š»
$SAPIEN ā Rejection at Resistance | Momentum Fading šā ļø
$SAPIEN is showing a clear slowdown in momentum after getting rejected near the local resistance / supply zone. Buyers tried to push price higher, but failed to hold above this area ā and the response from sellers was sharp and decisive āš
š§ Market Structure Breakdown
š“ Rejection at supply ā buyers exhausted
š Strong bearish reaction ā sellers stepping in aggressively
š§± Price remains below key resistance ā bearish bias stays valid
š Volatility remains healthy ā clean moves still likely
As long as price stays below the highlighted resistance, short-term weakness is favored.
š“ Actionable Trade Setup ā SELL / SHORT
š Entry Zone:
0.1438 ā 0.1448
šÆ Take-Profit Targets:
TP1: 0.1420
TP2: 0.1410
TP3: 0.1400
ā Stop-Loss:
SL: 0.1455 (above supply = invalidation)
š§© Extra Trade Insights
š Lower high + rejection = bearish continuation signal
š» Sellers remain in control below resistance
š£ Liquidity likely resting below 0.1420
š§ Conservative traders can secure partials at TP1
ā ļø Risk Management Notes
This is a short-only setup, not a buy ā
If price reclaims 0.1455 with strength, exit immediately
Avoid over-leverage ā volatility cuts both ways ā”
š„ Summary
š Structure: Bearish (LTF)
ā Resistance: Holding firm
šÆ Bias: SELL / SHORT below resistance
š Invalidation: Above 0.1455
#berish #treders