#SAPIENMoon $SAPIEN ๐ซ Current price: ~0.1347
(REMEMBER TO BUY THE FEAR AND SELL THE GREED)๐๐
๐Trend: Short-term bearish, attempting a weak bounce after a sharp drop.
๐ Technical View
๐Price has broken down from the 0.15โ0.145 zone with strong bearish candles.
๐Current bounce looks like a dead-cat bounce / relief pullback, not a confirmed reversal yet.
๐Volume spike on the drop suggests panic selling, but follow-through buying is weak.
๐ Key Levels
๐Support
0.131 โ 0.130 (major intraday support)
Below that: 0.125 โ 0.122 (next downside zone)
๐Resistance
0.138 โ 0.140 (first rejection zone)
0.145 โ 0.148 (strong resistance, previous breakdown area)
๐ Short-Term Scenarios (Next 24โ48h)
Bearish continuation (more likely):
If price fails to hold 0.131, expect a move toward 0.125โ0.122.
๐Relief bounce scenario:
Holding above 0.131 may push price to 0.138โ0.142
Strong rejection expected near 0.145
๐ง Trading Insight
For buyers: Safer entries only near strong support (0.130โ0.125) with confirmation.
For sellers: Rallies toward 0.14โ0.145 may offer short opportunities.
Avoid FOMO โ trend is still weak until price reclaims 0.145+ convincingly.