Just spotted a setup worth watching on $APE ๐
The ApeChain news dropping at the top of the feed is likely the catalyst driving this bounce.
Volume is starting to pick up too.
I'm taking a long here.
๐ Entry: 0.1480 - 0.1515 (current)
๐ Stop Loss: 0.1380 (below the recent swing low)
๐ฏ TP1: 0.1600 (previous resistance)
๐ฏ TP2: 0.1750
Just remember, we are still down massively on the yearly timeframe (-62%), so this is a short-term momentum play. Don't get greedy.
Always manage your risk. NFA, DYOR!
$APE
The ApeChain news dropping at the top of the feed is likely the catalyst driving this bounce.
Volume is starting to pick up too.
I'm taking a long here.
๐ Entry: 0.1480 - 0.1515 (current)
๐ Stop Loss: 0.1380 (below the recent swing low)
๐ฏ TP1: 0.1600 (previous resistance)
๐ฏ TP2: 0.1750
Just remember, we are still down massively on the yearly timeframe (-62%), so this is a short-term momentum play. Don't get greedy.
Always manage your risk. NFA, DYOR!
$APE