🚨 $APE SHORT SETUP 🚨
APE pumped back toward the 0.1714 swing high. I'm waiting for a rejection there instead of chasing the move. 📉
Entry: 0.1685 – 0.1715
TP1: 0.1565
TP2: 0.1495
TP3: 0.1425
SL: 0.1765
🔥 Why APE is on watch:
Price is approaching the Sep 27 high at 0.1714. The entry zone is the last major resistance. The pump has no news catalyst behind it. TP1 to TP2 are the old stop and MA support, which makes them natural retest targets
⚠️ A close above 0.1765 invalidates the setup. That would be a breakout, and I'd flip to watching for a long on a retest.
APE pumped back toward the 0.1714 swing high. I'm waiting for a rejection there instead of chasing the move. 📉
Entry: 0.1685 – 0.1715
TP1: 0.1565
TP2: 0.1495
TP3: 0.1425
SL: 0.1765
🔥 Why APE is on watch:
Price is approaching the Sep 27 high at 0.1714. The entry zone is the last major resistance. The pump has no news catalyst behind it. TP1 to TP2 are the old stop and MA support, which makes them natural retest targets
⚠️ A close above 0.1765 invalidates the setup. That would be a breakout, and I'd flip to watching for a long on a retest.