The BTC is currently sitting at very strong support. 20,500 is another big support zone for the coin. I am pretty sure that the market will take a relief rally from the said zone. You can surely wait for a retreat and long a good position in APEUSDT once there is a bullish candle confirmation. Since the token is currently oversold as per the RSI index. A good quick profit is very much possible.
Buy Zone. 5.75-6.25 Target Price 1: 6.20 Target Price 2: 6.52 Target Price 3: 6.8 Stop Loss: 30% or as per your risk appetite.
Best of luck!
Trade closed: target reached
We achieved the 1st target quite easily and managed to book a profit of 15-20 % which is great in such a small time frame. Also if you have not booked the profit yet, you can average the position at the current price. A bullish movement from the current position is likely possible.
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