APEUSDT.P is trading near the local support zone around $0.7333, showing signs of potential upside movement. If the price holds above this level, a breakout towards higher resistance levels is likely. Should the bullish momentum continue, the price may reach $0.7478.Volume remains moderate, but buyers appear to be accumulating positions. If the support at $0.7333 holds, an upward move toward the nearest resistance zones can be expected.
📊 LONG
APEUSDT.P from $0.7333🛡 Stop Loss: $0.7284
⏱ 1H Timeframe
✅ Overview:
➡️
APEUSDT.P is holding the $0.7333 support zone, which could act as a base for further upside.➡️ A breakout above this area may lead to a stronger bullish move toward key resistance levels.
➡️ The major resistance level is at $0.7478, where profit-taking may occur.
⚡ Plan:
➡️ Enter long from $0.7333 upon confirmation of demand.
➡️ Stop-Loss at $0.7284 to minimize risks in case of a breakdown.
🎯 TP Targets:
💎 TP1: $0.7390
🔥 TP2: $0.7444
⚡ TP3: $0.7478
📢 If the price holds above $0.7333, buying pressure may increase, leading to $0.7478.
📢 However, a breakdown below $0.7284 would invalidate the bullish scenario.
🚀
APEUSDT.P has bullish potential – expecting a move!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.