Todays analysis, APTUSDT, rejection from a clear resistance and channel high where a rotation lower is now possible,
points to consider - price action impulsive - Daily S/R Resistance - Channel Low Support - Technical Higher Low
APTUSDT has confirmed a rejection from its Daily S/R Resistance and is now trading towards its channel low support that is in confluence with the .618 fiboancci, allowing for a bullish bias.
The immediate objective is the Daily S/R, exceeding this level will lead to a trend change and continuation.
price action is to be used upon discretion/ management when taking this trade, invalidation is multiple candle closes below the channel low support.
hope this analysis helps,
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