While APE - USDT continued its movements in the descending wedge created by the decline it experienced, it suddenly threw itself under the wedge and caused the long or buying positions to be stopped. If the current price can throw itself into the descending wedge again at the 1.46 levels, this corresponds to the 1.75 levels, and the areas it will target will be the 2.6 and 4.10 levels. It may retreat to the level of 1.40 at the bottom, and may make harsh movements by collecting the remaining liquidity in these regions.

- NTM.ai