APRUSDT: Parabolic Move Showing First Signs of Rejection đ
APR just made a massive vertical move from around $0.20 to $0.63, with a huge volume expansion.
Now we're seeing a strong rejection from the highs.
đŻ My setup: SHORT on a confirmed rejection around $0.52â$0.55
SL: $0.59
TP1: $0.45
TP2: $0.38
TP3: $0.30
â ïž I would NOT chase the short at the current price. This coin is extremely volatile, so confirmation and strict risk management are essential.
If APR reclaims and holds $0.55â$0.57, the bearish setup is invalid and I would stay out.
Trade idea, not financial advice. DYOR.
#APR #USJulyCPI&PPIDueThisWeek #APRUSDT #Binance #CryptoTrading #Futures #TechnicalAnalysis
APR just made a massive vertical move from around $0.20 to $0.63, with a huge volume expansion.
Now we're seeing a strong rejection from the highs.
đŻ My setup: SHORT on a confirmed rejection around $0.52â$0.55
SL: $0.59
TP1: $0.45
TP2: $0.38
TP3: $0.30
â ïž I would NOT chase the short at the current price. This coin is extremely volatile, so confirmation and strict risk management are essential.
If APR reclaims and holds $0.55â$0.57, the bearish setup is invalid and I would stay out.
Trade idea, not financial advice. DYOR.
#APR #USJulyCPI&PPIDueThisWeek #APRUSDT #Binance #CryptoTrading #Futures #TechnicalAnalysis