🚀 $APE Momentum is building and it's holding strong above key support levels!
Stop Loss: $0.1480
Take Profit 1: $0.1720
Take Profit 2: $0.1850
Take Profit 3: $0.2050
Analysis:
APE is showing a strong bullish structure on the 1H candlestick chart, comfortably trading above the MA25 and MA99. The price has managed to flip previous resistance into support, and despite some slight accumulation at the current level, the higher lows indicate that buyers are absorbing any sell pressure. With a healthy volume trend, we expect the bullish momentum to continue towards the resistance zone at $0.17+
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Stop Loss: $0.1480
Take Profit 1: $0.1720
Take Profit 2: $0.1850
Take Profit 3: $0.2050
Analysis:
APE is showing a strong bullish structure on the 1H candlestick chart, comfortably trading above the MA25 and MA99. The price has managed to flip previous resistance into support, and despite some slight accumulation at the current level, the higher lows indicate that buyers are absorbing any sell pressure. With a healthy volume trend, we expect the bullish momentum to continue towards the resistance zone at $0.17+
#LayerZeroBacksDeFiUnitedWithOver10000ETH #LayerZeroBacksDeFiUnitedWithOver10000ETH