🔥 Watching $APT closely potential short-term bounce incoming?
$APT has been stuck in a tight consolidation lately, with a bearish lean overall. Selling pressure is easing though volume has dropped significantly from those big crash spikes, signaling the heavy hands might be done for now.
Key observations:
Outflows are still heavy across spot and futures, keeping the big picture cautious.
But shorter timeframes show mixed flows with some inflows creeping in, plus RSI looking oversold → room for a relief rally.
Price grinding between ~$1.55 support and $1.64 resistance.
My bias: Cautiously eyeing a contrarian long for a quick bounce.
Watching for a strong break above $1.64 on volume → could target $1.74 (about 8-10% upside).
Or scale in near $1.55 support with tight stops.
Plan:
Entry: Break & hold above $1.64 OR dip buy at support
Stop: Below $1.52
Targets: $1.74 first, then higher if momentum kicks in
Current: $APT ~$1.62
(Not financial advice — DYOR, manage risk, small size only. Downtrend still intact, break lower and it's ugly.)
What’s your take on $APT? Bottom in sight or more pain ahead? 👇
