$SAPIEN (1h) - Momentum Fade Short


Bias: Short
Entry (Zone): 0.1038 - 0.1048
Targets:
TP1: 0.1008
TP2: 0.0982
TP3: 0.0958
Stop Loss: 0.1088
Why this Setup:
I see the breakout losing strength after the vertical push, and I’m treating the repeated rejection near the recent high as a sign that sellers are stepping in. I want to fade the move on a pullback failure and look for a retrace into the nearby support bands if price stays below the local top.
SAPIEN8.18%
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