Guys, I’m going to open a BIG LONG on $APT here.
TP: $0.8414
SL: $0.7550 👇🏻
$APT is sitting right above a strong support zone around $0.767–$0.769, and buyers are starting to react from that area.
What makes this setup interesting for me is that price already bounced hard from the lows, and now this support is being tested again instead of completely breaking down.
If buyers keep defending this zone, I think they can push back toward $0.82 first, and then make a move into the $0.84 area.
I’m taking the long because the support is reacting, the structure is still holding, and there’s enough room above for a clean move.
Let’s see if $APT gives us that push.
TP: $0.8414
SL: $0.7550 👇🏻
$APT is sitting right above a strong support zone around $0.767–$0.769, and buyers are starting to react from that area.
What makes this setup interesting for me is that price already bounced hard from the lows, and now this support is being tested again instead of completely breaking down.
If buyers keep defending this zone, I think they can push back toward $0.82 first, and then make a move into the $0.84 area.
I’m taking the long because the support is reacting, the structure is still holding, and there’s enough room above for a clean move.
Let’s see if $APT gives us that push.