#SwingTradingStrategy 🚀 *$APE/USDT Trade Analysis* 📊

*Trend:* Possible Oversold Bounce (short term) 🔄

*Technical Setup:*

- *Current Price Area:* $1.10 - $1.15

- *Major Support Levels:* $1.05 (strong support) & $0.95 (critical support)

- *Major Resistance Levels:* $1.30 (short-term resistance), $1.40 (mid-term target), $1.55 (bullish continuation)

*Trade Setup:*

- *Entry Price Area:* $1.08 - $1.15

- *Take Profit Areas*: TP1: $1.30, TP2: $1.40, TP3: $1.55

- *Stop-loss:* $1.02

*Why Trade:*

- Oversold RSI and bullish MACD cross give positive bounce potential.

- Increasing Volume from major selloff.

- apeCoin DAO ecosystem proposals and metaverse narratives could draw interest.

*Risk Management:*

- Risk 1-2% of Total $ Value of Portfolio per trade.

- Use a trailing stop-loss after your first target (TP1) to help secure profits.

*This is likely for:* Short-term swing traders ready to manage risk. #APE #ApeCoin #SwingTrading #RiskManagement #CryptoTrading ¹