Ape is ranging in a ascending channel in the shorter time frames and a breakout below the support of the channel might take to the support of the descending channel in the near future.
I expect a double bottom at 5$ or just a pump till 13$ or just 9$ which tends to be the nearest term resistance
Long from the support of the acsending channel upto the resistance...
AXS has broken the upward resistance of the pennant which seems like an false breakout to trap more buyers
15min TF has shown a double top
so we are good to short from here but remember to do your own risk management
Target would be 10.90/11$.
Good LUCK!
