$APR showed significant increase, breaking structure with clear upward structure with clear upward daily trend 📈, encouraging immediate long position.
* Entry Point: $0.1020 - $0.1030 (Wait for a confirmed break above the recent $0.1074 high or a successful retest of the EMA7 support).
* Target 1: $0.1125
* Target 2: $0.1210
* Stop Loss: $0.0940 (Placed slightly below the EMA25 to protect against a trend reversal).
Remarks
The asset is currently in a strong bullish trend, characterized by consistent higher highs and the price trading well above the 7, 25, and 99 EMAs. The MACD shows positive momentum with the signal lines trending upward, and while the RSI(6) is at 71.39 (indicating it's entering overbought territory), the high volume suggests there is still significant buying pressure. However, caution is advised as the most recent candle shows a slight rejection at the $0.1074 level; a brief consolidation or a "cooling off" period back toward the yellow EMA7 line may occur before the next leg up.
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