APT / TetherUS
Long
Updated

#APTUSDT is currently strongly bullish

141
#APT

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

There is a key support zone in green at 0.855. The price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 0.908
First Target: 0.941
Second Target: 0.922
Third Target: 0.967

Stop Loss: At the resistance zone in green

Remember this simple rule: Money Management.

Any questions, please leave a comment.

Thank you.
Trade closed: target reached
#APT
First Target: 0.941 Reached
Second Target: 0.922 Reached
Third Target: 0.967 Reached

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