Another day of blood with those who chase the highs,
$AAPLB has just shown its true face after an annoying 7.5% drop. Are you trembling as you watch the fiery red screen, or are you ready for a comeback?
Looking at the current chart, the crowd is in total panic as the price slides beneath key moving average lines. Stay calm and look at these telltale numbers:
🔹 15-minute timeframe: Price is hovering around 313.96, just below the MA(20) at 314.36 and the EMA(9) at 314.14. This suggests the sellers are still in control in the short term; every attempt to bounce back is being crushed by profit-taking pressure.
🔹 1-hour timeframe: Things look even more tense, with MA(20) holding the line at 325.50 and EMA(9) at 316.97. The gap indicates the downtrend has no signs of stopping—any small PUMP will face hard resistance in the 317 area.
Based on my hard-earned experience, I don’t believe in catching a falling knife right now while the market is still surrounded by FUD. However, once the blood has spilled on the floor, that’s when the sharks start gathering.
My personal setup for this trade is as follows:
📌 Position: Exploratory LONG.
🎯 Entry: I’ll slowly accumulate in the 305–308$ range. This is an important psychological support zone before it breaks down further.
🎯 TP (Take Profit): Expect a rebound to the 322–325$ area to test the 1-hour MA(20) line.
🎯 SL (Stop Loss): Set it firmly at 298$. If this level is lost, a strong DUMP scenario becomes hard to avoid—so it’s best to exit the trade.
I don’t like holding losses, so if the SL gets hit, I’m out immediately. What do you guys think about this rebound—does
$AAPLB have enough strength to return and test the 330$ level this week?
#Crypto #Trading #Analysis
Note: This is my personal viewpoint, not investment advice. Trading always involves risk (DYOR).