Aptos is facing daily Order Block resistance , While on Weekly clearly showing to take out the previous high 15-16$, It's a weekly TF so it will take time. On a day trade you can take long position from the mentioned zone, while in upcoming days it's gonna hit 7.42$ at least to fill the imbalance even if it's a bear market. If any 1hr candle closes below the mentioned zone then it will take correction for short term of period then it will take flight to towards the 15-16$. If you are investor then accumulate between 4.5-5$ and set tp and forget it. If you wanna take the long position then take it from the mentioned zone if candle closes below the zone then wait for the retest and close on breakeven.
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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.