APE/USDT Could APE break the resistance or Confirmed HNS ??

💎 APE has recently experienced significant developments in the market. It made a perfect bounce from the demand area, and the next critical obstacle was the resistance area.

💎 Breaking through this resistance is crucial for APE to continue its upward movement. If APE successfully breaks out of this resistance zone, it could pave the way for a smoother journey toward our target at the Bearish OB area.

💎 However, in the event of failure to break through, the price may retreat to the demand area. It's worth noting that APE is displaying a potentially bearish pattern known as the Head and Shoulders pattern, with the demand area corresponding to the neckline.

💎 If the demand area is breached, confirming the HNS pattern, this would indicate a bearish momentum, potentially driving the price significantly lower, possibly back to the key support area or even lower.

Trade closed: target reached:

#APE’s 47.54% rise? Called it!