FieryTrading

🔥 APE Reaching Critical Short-Term Resistance: Fall Ahead

Short
BINANCE:APEUSDT   APE / TetherUS
APE has been trading inside this bearish channel for nearly two months now. Since we're back at the resistance, I'm anticipating another rejection from the top and new lows coming.

We're patiently waiting for the 4H candle to close below 1.99 to make an entry. Target at 1.65, stop above the recent highs.

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