ApeCoin Quick Update —Moving Next

#APE

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bounce from the lower boundary of the descending channel, this support at 0.5827.

We have a bearish trend on the RSI indicator that is about to be broken and retested, supporting the upside.

There is a major support area in green at 0.5600, which represents a strong basis for the upside.

Don't forget a simple thing: ease and capital.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

We have a trend to hold above the 100 Moving Average.

Entry price: 0.6000.
First target: 0.6194.
Second target: 0.6378.
Third target: 0.6612.

Don't forget a simple thing: ease and capital.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.