$APR —That previous surge basically exhausted the long-side sentiment. Now the price keeps hovering just below the moving average line, with no sign of any meaningful buy orders that actively enter the market.
$APR - Empty
Execution plan:
Entry: 0.1980 - 0.2000
Stop loss (SL): 0.2050
Target 1 (TP1): 0.1965
Target 2 (TP2): 0.1800
Target 3 (TP3): 0.1430
Key assessment:
Price is being constrained by a dense moving-average zone, so the rebound strength is very weak and volume also can’t really be built up. As long as the level around 0.205 isn’t broken and reclaimed with volume, this weak market structure will likely, driven by momentum, revisit the prior low area. At this point, the risk-reward ratio for taking a short is still better than hard-waiting for a confirmed breakout.
Click here to trade👇
$APR - Empty
Execution plan:
Entry: 0.1980 - 0.2000
Stop loss (SL): 0.2050
Target 1 (TP1): 0.1965
Target 2 (TP2): 0.1800
Target 3 (TP3): 0.1430
Key assessment:
Price is being constrained by a dense moving-average zone, so the rebound strength is very weak and volume also can’t really be built up. As long as the level around 0.205 isn’t broken and reclaimed with volume, this weak market structure will likely, driven by momentum, revisit the prior low area. At this point, the risk-reward ratio for taking a short is still better than hard-waiting for a confirmed breakout.
Click here to trade👇