$SAPIEN
šÆ Entry, StopāLoss & Target for Short Trade
Entry (Short): If price breaks below ~$0.1835 USD with momentum/volume, consider entering a short.
StopāLoss: Place above recent resistance ā e.g., above ~$0.2167 USD (or slightly above your risk tolerance).
Target(s):
Primary target: move toward ~$0.15ā$0.18 USD (next visible support cluster).
Secondary deeper target: if strong breakdown, maybe ~$0.12 USD region (though risk increases).
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ā ļø Conditions to Wait For
A clear break below support (~$0.1835) on the 1āhour candle close (not just intraāhour wick).
Rising sell volume or a spike in open interest short side (shows momentum behind move).
Market environment favourable for alts dropping (e.g., BTC/ETH weakness).
Confirm no sudden bullish reversal pattern (like strong candle rejection, long lower wick, bullish divergence).
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ā If You Want a Tighter Entry
If you prefer more conservative setup:
Wait for price to retest the support (~$0.1835) from below after the break ā short after the retest fails.
Use a tighter stop (just above the retest high) to reduce risk.
Smaller target to keep risk:reward reasonable.