APE went from 0.0811 to 0.2780 and I missed the first leg — but I'm not missing this consolidation entry. 🦍💥
$APE /USDT - LONG
Trade Plan:
Entry: 0.1521 – 0.1625
SL: 0.1144
TP1: 0.2012
TP2: 0.2445
TP3: 0.2780
Why this setup?
• I'm watching price hold above SuperTrend(10,3) at 0.1144 after a massive pump from 0.0811 — the trend flipped bullish and I'm not fading it 📈
• The 0.1521–0.1625 zone is where I want my entry — price has been consolidating here for multiple candles, this is accumulation not distribution 🧠
• My TP3 at 0.2780 is a full retest of the previous high — that's a 70%+ move from current price and I think it's completely realistic given the NFT narrative heating up 🎯
• Why now? Current vol at 23.8M is way below MA(5) of 79.8M — I've seen this before, volume compression like this precedes the next explosive candle 🔥
Debate:
I personally think APE is building a base at 0.16 before the second leg up to 0.27+ — but a lot of people are calling this a dead cat after the pump. Who's right? Drop your honest take below 👇