💎 $APE Analysis [4H] 🦀
🧠 Verdict: APE is printing a textbook trendline breakout after a prolonged distribution phase, signaling a potential macro bottom. Current price action is grinding against local supply at 0.2230; a clean flip of this level triggers a run into the overhead liquidity void toward the 0.3700 resistance cluster. Failure to hold the 0.2100 retest zone invalidates the immediate bullish thesis and likely sends price back into a range-bound sweep of the yearly lows.
🔑 Key Levels:
🧱 Resistance: 0.2300, 0.3700
🍏 Support: 0.2100, 0.1900
⚡ Scenarios:
🐂 Bull: Reclaim 0.2300
🐻 Bear: Close below 0.1900
#Crypto #Trading $APE
Not financial advice. DYOR.
