$APT: Bearish Continuation Pattern Confirmed on $APT Chart Structure
SHORT SETUP APT
Entry: $0.76980 - $0.78170
Stop Loss: $0.80678
Take Profit: $0.71369 (2R)
Key Levels: Support $0.76040 | Resistance $0.78170
Technical Analysis for $APT: APT is trading below its 9, 21 and 200EMA, confirming a bearish bias. MACD is negative and the histogram stays down, while stochastic K is near 9 and RSI sits at 31, indicating oversold conditions that could spark a shortterm bounce a risk for shorts. Watch the 0.7817 resistance; a break below 0.770 would validate the short setup.
Market Context: BTC is slightly bearish on the 4hour chart and down 2.6% over 24 h, while the overall market is 89% red, suggesting
SHORT $APT
SHORT SETUP APT
Entry: $0.76980 - $0.78170
Stop Loss: $0.80678
Take Profit: $0.71369 (2R)
Key Levels: Support $0.76040 | Resistance $0.78170
Technical Analysis for $APT: APT is trading below its 9, 21 and 200EMA, confirming a bearish bias. MACD is negative and the histogram stays down, while stochastic K is near 9 and RSI sits at 31, indicating oversold conditions that could spark a shortterm bounce a risk for shorts. Watch the 0.7817 resistance; a break below 0.770 would validate the short setup.
Market Context: BTC is slightly bearish on the 4hour chart and down 2.6% over 24 h, while the overall market is 89% red, suggesting
SHORT $APT
