$APE #APE 📉
Direction: SHORT
Entry zone: 0.0935 to 0.0945
Stop loss: 0.0965
Target 1: 0.0910
Target 2: 0.0885
ApeCoin is trading near 0.0936 dollars, down 4.56 percent in 24 hours and down 13.69 percent in seven days, inside a range of 0.091034 to 0.098815 dollars, and the recent closes show sellers holding it down, 0.092594, then 0.09354, then 0.093832, then 0.093969, then 0.093636. 🔴 My reading is that APE is one of the weakest coins of the week, because a 13.69 percent weekly fall with the price sitting near the 24 hour low tells you buyers are not defending this level, and a weak Bitcoin near 71,406 dollars gives it no help. A short from the current zone, with a stop above 0.0965, targets 0.0910 first and then 0.0885 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does APE break 0.0910 today, or reclaim 0.0965 first? 🤔
Follow for more trades.
#ApeCoin #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.0935 to 0.0945
Stop loss: 0.0965
Target 1: 0.0910
Target 2: 0.0885
ApeCoin is trading near 0.0936 dollars, down 4.56 percent in 24 hours and down 13.69 percent in seven days, inside a range of 0.091034 to 0.098815 dollars, and the recent closes show sellers holding it down, 0.092594, then 0.09354, then 0.093832, then 0.093969, then 0.093636. 🔴 My reading is that APE is one of the weakest coins of the week, because a 13.69 percent weekly fall with the price sitting near the 24 hour low tells you buyers are not defending this level, and a weak Bitcoin near 71,406 dollars gives it no help. A short from the current zone, with a stop above 0.0965, targets 0.0910 first and then 0.0885 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does APE break 0.0910 today, or reclaim 0.0965 first? 🤔
Follow for more trades.
#ApeCoin #Crypto #FuturesTrading #TradingSignals
