Technical Analysis $#APE/USDT

$APE/USDT is forming a consolidation zone with a potential breakout above resistance.

The price is currently trading at .1.62,

With strong targets at:

1__ 1.911 (initial resistance)

2__ 2.169 (secondary target)

3__ 2.458 (final target).

A breakout above the consolidation zone indicates an upward move,

With a stop loss at 1.361 to effectively manage risk.

The current setup offers a favorable risk-to-reward ratio,

Offering a 62.57% upside potential upon confirmation of the breakout.

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$APE