Bullish Breakout Setup – $APE /USDT

Asset: $APE (ApeCoin)

Long Liquidation Detected: $9.61K at $0.7374 – a key flush of leveraged longs near support, often signaling a bottoming effort and possible reversal setup.

Market Context

ApeCoin just swept a cluster of long liquidations around the $0.737 zone, breaking into a local support level.

This kind of shakeout frequently precedes a bullish reversal, especially if buyers step in to defend the wick and reclaim key levels.

Trade Setup

Entry Zones:

Accumulation Entry: $0.735 – $0.745 (ideal for early positioning off liquidation flush)

Breakout Entry: Above $0.765 with volume expansion and confirmation candle close

Stop-Loss:

🔻 Below $0.721 – under liquidation zone and last structural low

Profit Targets:

🎯 Target 1: $0.778

🎯 Target 2: $0.794

🎯 Target 3: $0.818 – prior resistance zone

Key Technical Zones

Support: $0.721 / $0.737

Breakout Level: $0.765

Overhead Resistance: $0.818

Sentiment & Structure

The long liquidation likely shook out weak positions, clearing the path for stronger hands.

If price stabilizes and reclaims the $0.765 breakout line, APE could see a push toward higher targets amid short-term bullish momentum.

Trade Strategy

Look for confirmation on reclaim of $0.765. Early entries near $0.737 offer an attractive R:R for reversal traders.

Watch volume – sustained buying above $0.765 could validate the move and open the way toward $0.80+.

#TrumpTariffs #BlackRockETHPurchase #CUDISBinanceTGE #MyCOSTrade #MavisEvan