ApeCoin / USDTShort
APE/USDT - Potential Short Opportunity After Resistance Rejectio
Using my indicator, I identified a key resistance level on APE/USDT. After testing this resistance, the price exhibited signs of a Change of Character (ChoCH), suggesting a potential bearish shift in market structure.
Once the price confirmed the breakdown, my indicator generated a sell signal, aligning with my strategy for a short trade. I’m targeting a 1:2 Risk-Reward (RR) ratio for this setup.
Once the price confirmed the breakdown, my indicator generated a sell signal, aligning with my strategy for a short trade. I’m targeting a 1:2 Risk-Reward (RR) ratio for this setup.
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