1. Price forecast $APT
Short-Term Outlook: APT price is expected to decline further in the next 1-2 weeks with a target level of $5.50.
Medium Term Forecast: A minor recovery and consolidation in the $6.00 - $7.50 range is forecast for 3-6 months.
2. Support and resistance levels
Support: $5.80, $5.20, $4.00
Resistance: $7.00, $8.20, $9.50
🟢Long and 🛑short scenarios with probability assessment
🟢Long script:
Probability: 30%
Reasons: Moderate support at $6.00, trading volume recovery and possible recovery if this level holds.
🛑Short scenario:
Probability: 70%
Reasons: Weak signals for recovery, possible breakout of key supports and continuation of the downward trend.
Technical indicators (influence on price)
Volume: The recent decline in volume confirms the possibility of a continuation of the downtrend, which is negative for 🟢longs and supports 🛑shorts.
Anchored Volume Profile: The $6.00 and $7.00 levels are key resistance and support zones, which supports both scenarios.
Ichimoku Cloud: Price is below the cloud, confirming the downtrend, which is negative for 🟢longs and supports 🛑shorts.
Parabolic SAR: Signals a continuation of the bearish trend, which supports 🛑short.
EMA (50, 200): Price is below 50 EMA and 200 EMA, which also indicates a bearish trend and supports 🛑short.
YK Round Levels: Price is hovering below the $7.00 level, indicating strong resistance in this area, supporting the 🛑short.
RSI: RSI at 55-60, which indicates moderate purchases, but does not exclude a possible pullback, supporting both scenarios.
⚠️ General conclusion
Based on current technical and on-chain data, the main scenario suggests a continuation of the downtrend with a possible test of support levels around $5.50 - $5.20. 🛑Shorts have an advantage in the current conditions, but a short-term recovery to the $7.00 level is possible.
