$APE /USDT SHORT TRADE SIGNAL – BEARISH REJECTION FROM SUPPLY ZONE!
$APE surged into the $0.78 resistance zone but got rejected aggressively, forming a long upper wick followed by consolidation under $0.76. The 15-minute chart now shows a clear bearish flag forming, with sellers stepping in around every attempt to push higher.
Trade Setup (SHORT):
Entry Price: $0.7580 – $0.7600
Take Profit 1: $0.7500
Take Profit 2: $0.7400
Take Profit 3: $0.7300
Stop Loss: $0.7737
Why Short?
After a vertical rally, $APE is struggling to hold above the key resistance zone. The rejection from $0.78 and failure to reclaim $0.76 is a classic exhaustion signal. Lower highs forming during consolidation indicate weakness and a potential breakdown toward previous demand zones.
Risk Management Tip:
Stick to your stop above $0.7740. If price reverses above that, the short thesis is invalid. Always lock partial profits at TP1.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless!
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