$APE /USDT ON FIRE! 🚀
APE/USDT is currently trading at $1.755, up 10.87% in the last 24 hours. The 24-hour high is $1.756, and the 24-hour low is $1.498. The 24-hour trading volume is 51.69M APE and 84.10M USDT.
Overview
APE/USDT is in a strong uptrend. The price has broken above the resistance level of $1.674 and is now testing the next resistance level of $1.769. The RSI is in the overbought zone, indicating that the price may be due for a correction. However, the MACD is still bullish, suggesting that the uptrend is likely to continue.
Trade Scenarios
Scenario 1 (Bullish)
* Entry: $1.755
* TP1: $1.769
* TP2: $1.800
* SL: $1.674
Scenario 2 (Bearish)
* Entry: $1.755
* TP1: $1.730
* TP2: $1.700
* SL: $1.769
Market Outlook
APE/USDT is in a strong uptrend, but the RSI is in the overbought zone. This suggests that a correction may be due. However, the MACD is still bullish, suggesting that the uptrend is likely to continue. Traders should monitor the price action closely and be prepared for a potential correction.