🚨 $APE in dangerous zone: TRADERS ALERT 🚨

ApeCoin has been showing very unstable behavior lately… and the technical data doesn’t look good.

⚠️ What is happening with $APE ?

1️⃣ The ecosystem is growing… but the price is not keeping up

ApeCoin continues to expand its ecosystem alongside Horizen Labs and the community is active.

👉 Positive long-term fundamentals, but that does NOT prevent the current downward pressure.

2️⃣ Strong correction after overbought

After a surge, $APE dropped sharply as it entered overbought territory.

The price cooled down quickly, showing weakness.

3️⃣ Clear BEARISH indicators

The short-term EMAs + the negative MACD confirm a marked bearish trend.

➡️ Continuous downward pressure 🔻

APE

0.2302

-1.15%