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$SAPIEN
SAPIEN price is currently trading at 0.12928 USDT, a sharp increase of +4.73% in the session. In the 4-h frame, the price has broken out of the accumulation zone and above the important MA lines (MA5: 0.1265, MA10: 0.1264, MA20: 0.1266).
The nearest green candle shows that the buying force is dominating, pushing the price closer to the resistance area of 0.133 - 0.142. The long-term MA line (MA60, MA120) is still up, supporting the medium-term uptrend. Trading volume also increased slightly, confirming the strength of the recovery pace.
Reasonable buying point: 0.1250 – 0.1280 (near support area).
Take-profit: 0.1350 - 0.1420.
Stop-loss: below 0.1220.
Overall, the technical signal is leaning towards short-term bullish. Investors can consider opening a buy position with an attractive risk/return ratio if the price remains above MA20.
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