Over the past $APR 1 hours, it has fallen 5.96%, and the current price is 0.04177. Two possible scenarios from here:
① If volume contracts, the price holds steady, and it recovers to the point where the decline began → this is probably just a shakeout.
② If the rebound lacks strength and the price breaks below the 24h low of 0.0396 → the downtrend will likely continue.
Personally, I’d rather wait for signs of stabilization before drawing a conclusion. What confirmation would you need before making a move?
#APR
For informational purposes only. Make your own independent trading decisions.
① If volume contracts, the price holds steady, and it recovers to the point where the decline began → this is probably just a shakeout.
② If the rebound lacks strength and the price breaks below the 24h low of 0.0396 → the downtrend will likely continue.
Personally, I’d rather wait for signs of stabilization before drawing a conclusion. What confirmation would you need before making a move?
#APR
For informational purposes only. Make your own independent trading decisions.