$SAPIEN | 1h | Short Setup

Bias: Short

Entry Zone: 0.1248 to 0.1262

Stop Loss: 0.1274

Targets:

TP1: 0.1220

TP2: 0.1192

TP3: 0.1160

Invalidation:

Close above 0.1274

Why This Setup:

I see a strong impulsive push into prior highs, but price is getting extended into resistance with wicks showing rejection near the top. I want a short on a failed breakout or clean retest back below the recent range for a move into the lower liquidity zones.

SAPIEN
SAPIENUSDT
0.12073
-4.55%