MyCryptoParadise_Simon

APE/USDT bullish horizons from demand? πŸ‘€πŸš€ APE Analysis

Long
BINANCE:APEUSDT   APE / TetherUS
πŸ’Ž Paradisers, turn your attention to #APEUSDT, which is showing signs of a noteworthy shift from a vital demand level.

πŸ’Ž Currently, #APE is charting an upward path, hinting at a potential bullish breakout from its current demand zone. We're eyeing a retest of the demand level around $1.292 before it resumes its ascent. Should #APE maintain its ground above this threshold, it sets the stage for an advance towards the significant supply zone at $2.906.

πŸ’Ž However, should #ApeCoin struggle to hold above the $1.292 level, it may call for a strategic reassessment. In this scenario, we'd consider the possibility of initiating a bullish movement from a lower demand level at $1.137, which holds substantial liquidity.

πŸ’Ž Monitoring this level is imperative, as breaking below it could trigger a pronounced bearish trend.


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