$APE/USDT 1h (#BinanceFutures) Rising wedge breakdown

ApeCoin looks ready for a local retracement down here after being rejected on supply zone.

Current Price= 13.442
Sell Entry= 13.757 - 14.359
Take Profit= 12.406 | 11.300 | 10.195
Stop Loss= 15.440

Risk/Reward= 1:1.2 | 1:2 | 1:2.8
Expected Profit= +23.50% | +39.24% | +54.96%
Possible Loss= -19.66%

Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 5 days

Tags: #APE #APEUSDT #NFT #Metaverse #Gaming #Creation #Web3 #DAO #Governance #DeFi

Website: apecoin.com

Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381