$APT /USDT Short Trade Setup: Precision Trade
• Market Condition: APT/USDT is respecting a strong descending price channel. Momentum remains bearish, signaling a potential continuation.
• Entry Point: $9.60 (upon a confirmed break below key support).
• Stop Loss (SL): $9.95 (above the upper boundary of the price channel for safety).
• Take Profit (TP):
• Target 1: $9.20 (short-term support zone).
• Target 2: $8.85 (channel bottom and strong historical support).
• Risk-Reward: 1:3, ensuring an ideal trade setup for risk management.
• Recommendation: Use a trailing stop loss after TP1 to lock profits if momentum accelerates.
• Trade Management: Monitor price action closely near TP1 for signs of reversal or further bearish continuation.
This short trade aligns with technical patterns and maintains disciplined risk management.