$APE Today, ApeCoin (APE) is experiencing downward pressure, signaling a bearish trend. APE’s price of $1.233 shows a continued struggle below key resistance levels, influenced by broader market corrections and declining momentum in the NFT and metaverse sectors. Unless a significant boost from ecosystem developments or increased demand arises, APE could remain under selling pressure.

Target Price: $1.18

Sell Price: $1.22

Investors should be cautious as the market sentiment leans bearish, with potential further dips. However, if APE can hold above $1.22, a short-term rebound is possible, but breaking below $1.18 could trigger more declines.

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