Tropnik

APE. Nothing unusual, just hype token.

Short
BINANCE:APEUSDT   APE / TetherUS
Soon there may be a deep disappointment for APE holders. In fact, this is a token for the sake of a token. TA also does not show any strength. The price has been licking the $4.5 level since June. Recently, we broke it down... Now, we have tested $4.5 level from below, which potentially indicates a bearish trend where the target of the decline is the middle of descending channel at $2.31 (with a time shift). Also, a signal for the continuation of the downtrend is moving average, which we tested and again rejected down.
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