$APE RALLIED HARD, BUT NOW TESTING SUPPORT AFTER PROFIT-TAKING!
$APE/USDT is trading at $0.7477, still up +9.34% despite a noticeable drop from intraday highs. The pair surged earlier but is now under pressure as traders take profits. Holding current support is key to sustaining upward momentum.
Key Levels:
• Resistance: $0.7650 – $0.7700
• Support: $0.7450 – $0.7400
Trade Setup:
Bullish Scenario
Entry: Break above $0.7700
Targets:
• TP1: $0.7860
• TP2: $0.8000
Bearish Scenario
Entry: Drop below $0.7400
Targets:
• TP1: $0.7250
• TP2: $0.7100
Stop-Loss:
• Long: Below $0.7400
• Short: Above $0.7700
$APE printed a strong move but is currently fading from the top. If $0.7450 fails to hold, further downside may follow. Otherwise, a rebound from here could reignite bullish momentum.
