🚨 $SAPIEN : ATTENTION TRADERS, MIXED SIGNALS — STRONG VOLATILITY COULD BE COMING! 🚨
$SAPIEN just had an explosive spike, driven by an event in a CEX and a new listing on another exchange.
But… ⚠️ the technical indicators show overbought conditions, so this could get very interesting in the coming hours.
🔵 THE POSITIVE
1️⃣ Exchange event: It is part of a tournament with ¡200,000 USDT in prizes! This increases volume, visibility and generates FOMO among many traders.
2️⃣ Bullish technicals: EMA and MACD continue to show strength after the recent drops.
3️⃣ Active narrative: More eyes on it = faster movements.
🔴 THE NEGATIVE
3️⃣ RSI in overbought: The price is EXTENDED, which often anticipates strong corrections when the momentum ends.
🧭 WHAT TO EXPECT NOW?
📌 $SAPIEN If the event volume continues → possibility of one last bullish push.
📌 If the hype decreases a bit → quick correction, typical of overbought tokens.
