Bias: Bullish
$SAPIEN is trading around 0.159 after a strong push from the 0.136 area. Buyers stepped in with conviction and lifted price quickly, clearing nearby supply without much resistance. When price reached the 0.163 zone, sellers showed up, but the pullback was shallow and quickly stabilized.
The 0.155 to 0.157 area is being respected as support. Sellers tried to push price back below it but failed to get acceptance, which tells me demand is still active. Price is now holding above former resistance, which points to continuation rather than exhaustion.
This move is happening because earlier sellers were absorbed and buyers are comfortable holding higher prices. There is no aggressive distribution yet, just controlled rotation after expansion.
Trade plan
Entry range: 0.155 to 0.160
Stop loss: 0.148
Take profit 1: 0.163
Take profit 2: 0.172
Take profit 3: 0.180
As long as SAPIEN holds above the 0.155 support zone, the structure remains bullish and another leg higher stays likely. A clean loss of that level would shift control back to sellers.
Do your own research.
