APT has held firm at weekly support, producing a bullish reaction after prolonged consolidation. The $5.40 resistance remains the next major objective.
Price action on APT has respected a long-standing weekly support, establishing a strong base. Multiple retests have failed to break down, suggesting accumulation is underway. Buyers have stepped in repeatedly, signaling confidence at these levels.
Key Technical Points:
- Weekly Support Intact: Multiple retests confirm strength of this level.
- Bullish Reaction Visible: Recent bounce points to accumulation.
- Target at $5.40: Next major resistance aligned with current upside objectives.
The market structure reflects a bullish foundation, as buyers continue to defend support. The next step for APT is a sustained influx of bullish volume, which would propel price action toward $5.40. If momentum builds, APT could break out of its accumulation phase, drawing further demand.
What to Expect in the Coming Price Action
APT is primed for bullish expansion if volume confirms. Traders should watch for strong buying activity; without it, the consolidation could persist before any decisive move
Price action on APT has respected a long-standing weekly support, establishing a strong base. Multiple retests have failed to break down, suggesting accumulation is underway. Buyers have stepped in repeatedly, signaling confidence at these levels.
Key Technical Points:
- Weekly Support Intact: Multiple retests confirm strength of this level.
- Bullish Reaction Visible: Recent bounce points to accumulation.
- Target at $5.40: Next major resistance aligned with current upside objectives.
The market structure reflects a bullish foundation, as buyers continue to defend support. The next step for APT is a sustained influx of bullish volume, which would propel price action toward $5.40. If momentum builds, APT could break out of its accumulation phase, drawing further demand.
What to Expect in the Coming Price Action
APT is primed for bullish expansion if volume confirms. Traders should watch for strong buying activity; without it, the consolidation could persist before any decisive move
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Trade with perks & support the community!
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— Team The Alchemist ⚔️
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Trade with perks & support the community!
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.