#APT; has been moving in a downward channel for over 100 days. The upper boundary of this channel has been acting as a strong resistance point for a long time. This shows that #APT is struggling at this level and upward movements are being blocked. Currently, APT is approaching this resistance area. This shows that the market may experience some pullbacks in the short term and the price may remain below this resistance level. However, there is also a possibility of an exit after these pullbacks. In other words, after a short-term pullback, APT can be expected to gain momentum and start an upward movement.
Potential Targets and Entry Points
In case of a successful resistance breakout, targets can be set for #APT. According to technical analysis, if this breakout occurs, the price may rise to levels 7.8, 9.5 and 12 respectively. These targets are potential levels that APT could reach if it enters a strong bull run.
The most suitable entry points for investors will be between 7.0 and 8.0. This area remains below the current resistance levels, providing a suitable area for entry before a potential breakout. However, it is important for everyone to do their own analysis and determine their moves accordingly before investing.
