$APT $APT 3h Update
- I expect the price to test the most recent low at 0.569 soon. If there’s a manipulation wick and price quickly reclaims 0.569, a long trade can be taken with an entry just above 0.569, looking for a move towards 0.580 and possibly 0.591 as targets. Only enter after seeing a bullish reversal candle or clear momentum shift on a lower timeframe chart. Place your stop-loss below the lowest wick of the liquidity sweep.
- If price can’t reclaim 0.569 after a sweep and closes below, expect further downside toward 0.560 or even 0.527. In this case, you could look to short on any weak retest of the 0.569–0.580 area, targeting 0.560 or lower, with a stop-loss above the recent swing high of the failed bounce.
- If the price unexpectedly rallies and closes above 0.591 or, stronger, above 0.607, watch for a possible shift to bullish momentum, targeting the resistance at 0.616 and 0.623, but only consider longs after confirmation (such as a break and retest).
- Key confirmation for trades: wait for clear reversal (pin bar, bullish engulfing for longs, or bearish engulfing for shorts), strong volume on the move, or a lower timeframe break of structure before entering.
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