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MyCryptoParadise
Mar 1, 2024 12:39 PM

APT/USDT Keep an eye on the support, If bounce APT will back UP! 

APT / TetherUSBinance

Description

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💎APT has recently shown significant market dynamics. Currently, APT is facing rejection after testing the Bearish OB zone and is now retesting the support area around 10.85 to generate new momentum for a breakout.

💎 If APT successfully breaks above the supply area, its probability could signal a continuation of the upward movement, potentially leading to reaching our target area.

💎 However, if APT fails to maintain the support area and breaks below it, the next critical level is the Bullish OB area. APT must bounce from this area, as failure to do so could result in losing the support trendline.

💎 If this occurs, APT may switch back to a downward trajectory, continuing further downward movement.




Comments
Xanrox
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Good analysis, keep up the good job!
MyCryptoParadise
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@Xanrox, Thank you!
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