$APE /USDT has been on an impressive upward trend in recent days. The price has broken above the key resistance level of $1.20, indicating strong bullish momentum. The Relative Strength Index (RSI) is currently at 75.889, suggesting overbought conditions. However, given the recent price action and the overall bullish sentiment, there is potential for further upside.
Current Price: $1.226
Entry Price: $1.226 (Buy on the dip, if available)
Resistance: $1.332
Support: $1.104, $0.999
Take Profit Targets:
* T1: $1.332
* T2: $1.400
* T3: $1.500
Stop Loss: $0.982
Caution:
* The RSI is overbought, indicating potential for a correction or consolidation phase.
* Traders should monitor the price action closely for signs of a breakout or a reversal.
* It is important to use a stop-loss order to protect your capital in case the market moves against you.
