APT SHORT targeting further downside continuation.[MICRO OUTLOOK
APTUSDT is respecting a clear downtrend structure, consistently rejecting the descending trendline. Price recently tapped the 6.12 resistance zone, aligning with the 0.786 Fibonacci retracement, reinforcing bearish sentiment. The market structure suggests a continuation to the downside, with a potential short setup targeting the -0.5 Fibonacci extension at 5.67. A break above 6.18 could invalidate this bearish outlook.
Trade active
Order cancelled
Note
6.18 broken
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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.