Token APR Analysis: From Downtrend Pattern to Potential Reversal Signal
Looking at the 4-hour chart, APR was in a fairly long **descending channel** — with a resistance line continuously pushing the price down, while its support remains strong around 0.20. However, recently the price managed to break out of that pattern and recorded a significant volume spike.
On the 1-hour timeframe, price movement shows a new **demand** area around 0.26–0.27. This area is interesting, as it previously served as a strong bounce point after breaking out from the channel. As long as the price can hold in this zone, the potential for upward movement remains open.
Technically, it can be said that APRU is trying to build a new price structure above this demand area. But it should be noted that its volatility is still high, so this is more of a transition phase from bearish to accumulation phase.
The market always has its own way of testing patience. Sometimes reversal signals only become clear after everything seems “too late.” So, keep an eye on its movements; who knows the next moment might arise from a point that not many people are watching.
#APR $APR
