$APE/USDT 12h (#Bybit) Descending trendline breakout and retest

ApeCoin just regained 50MA support and seems to be heading towards 200MA resistance, probably after a last retest of demand zone.

⚡️⚡️ #APE/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (4.2X)
Amount: 5.0%

Current Price:
4.314

Entry Zone:
4.235 - 4.065

Take-Profit Targets:
1) 4.624
2) 4.980
3) 5.337

Stop Targets:
1) 3.754

Published By: @TradingOn

$APE #APEUSDT #ApeCoin #Web3 #NFT #DAO

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.0% | +84.0% | +120.1%
Possible Loss= -40.1%
Estimated Gaintime= 3-4 weeks

apecoin.com/

Trade active:

Entered entry zone

Trade closed: target reached:

🎯 TP1 reached with +1.2R

ApeCoin retested the support then bounced as planned, higher targets are still valid, SL adjusted below entry.