$SAPIEN The price of the currency has seen a significant increase, jumping over 22% in the past 24 hours and hitting a peak of 0.35634 USD before settling down. After that sharp rise from the 0.224 USD area, the market is now undergoing a healthy correction — this is typically where new momentum is formed.
On the 1-hour timeframe, the structure still shows strength. Even with the pullback, the higher lows remain intact, and buyers may be preparing for the next wave if the token regains key levels.
Trading setup ( based on the current chart structure )
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#GateWeb3LaunchpadBOBLaunches $SAPIEN /USDT
$SAPIEN The price of the currency has seen a significant increase, jumping over 22% in the past 24 hours and hitting a peak of 0.35634 USD before settling down. After that sharp rise from the 0.224 USD area, the market is now undergoing a healthy correction — this is typically where new momentum is formed.
On the 1-hour timeframe, the structure still shows strength. Even with the pullback, the higher lows remain intact, and buyers may be preparing for the next wave if the token regains key levels.
Trading setup ( based on the current chart structure )
• Entry Area: 0.2800 – 0.2920 USD
• Goal 1 🎯: 0.3150 USD
• Goal 2 🎯: 0.3380 USD
• Goal 3 🎯: 0.3550 USD ( Test the last peak )
• Stop Loss: 0.2580 USD
If SAPIEN can break above $0.3000 again with convincing trading volume, the chart opens up once more — and a push towards the previous peak becomes very likely. A confirmed breakout could turn into fuel for another wave of increase.
#GateWeb3LaunchpadBOBLaunches #LaunchTokensOnSquareToGrab$1,000 #CryptoMarketPullback #HKLaunchesFirstTokenizedFund #CryptoMarketWatc