HYPE rally, only use for APE as of now is land, land gets sold out, nobody needs APE for time being, huge correction Big pennant, into a rising wedge. High valuation, lots of FOMO, even for those who can't afford the land.
Note
Rising wedge, peaked, then collapsed into now a falling wedge. any breakout from here should be taken with a grain of salt and caution, likely a deadcat bounce/false breakout which I would guess gets faded with more shorts piling on. Less supply available currently as much is locked up post land sale, no current use case for APE as of now other than purchasing on opensea which is questionable to do as of now. Neutral/chop/down outlook from here.
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