๐Ÿšจ SHORT SIGNAL: $APE /USDT (4H) โ€“ Bearish Divergence in Play! ๐Ÿšจ

๐Ÿ“ Current Price: $0.73
๐Ÿ“Š Market Cap: $583.29M
๐Ÿ“‰ Change: 1H: -0.39% | 24H: +6.00%

๐Ÿ”Ž Bearish Divergence Breakdown:

1. The price formed a higher high, but RSI is showing a lower high โ€“ a classic bearish divergence, signaling momentum loss.

2. MACD is losing steam, and the previous ascending trendline was broken & retested, confirming potential downside movement.

3.If buyers fail to reclaim $0.74, expect a stronger pullback.

๐ŸŽฏ Targets for the Short:
โœ… TP1: $0.671 โ€“ First major support zone.
โœ… TP2: $0.601 โ€“ Stronger retracement level.

๐Ÿ“Œ Stop Loss: Above the recent high at $0.765 โ€“ Keeping risk managed!

โš ๏ธ Watch for Confirmation:

If price breaks below $0.70 with volume, downtrend accelerates.APE could retest Fib 0.618 ($0.68) before the next leg down.

๐Ÿ’ก Final Thought:
Shorts are high-risk, high-reward โ€“ but the bearish divergence doesn't lie. If volume stays low & price hesitates at resistance, expect a decent drop. Keep stops tight and stay sharp! ๐Ÿ”ฅ๐Ÿ‘‡

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