$SAPIEN The daily chart is flashing classic post-pump exhaustion after the +79.68% 7-day surge—sellers hammered the brakes with a sharp bearish engulfing rejection at the 0.2050 multi-week supply wall, wicking right into the 1.618 Fib extension and confirming the multi-month descending channel intact amid AI data sector bleed..............
$SAPIEN has now lost the nascent uptrend from the November 6 Binance listing debut, flipping the 0.180–0.185 breakout pivot into stubborn overhead supply while downside volume spikes 2x on the red candle and RSI rolls over from overbought 72..................
This is textbook smart-money distribution following the airdrop + listing hype—whales offloaded during the brief euphoria as retail chased the "decentralized AI data king" narrative, with on-chain staking rewards slashed and exchange inflows surging 150% in 24h despite spot at $0.1818..................
If this rejection holds below 0.1820, expect a ruthless flush straight to 0.165–0.155 liquidity in the next 24–48 hours, potentially cascading to 0.140 on forced liquidations from overleveraged positions..................
One of the juiciest overextended AI shorts on the board right now—bears in the driver's seat with Fear & Greed slipping to 45.........
Trade Setup (Short)
Entry Range: 0.179 – 0.183
Target 1: 0.172
Target 2: 0.165
Target 3: 0.155
Stop Loss: 0.195
