$APT
/ Short Trade Setup: Minute Trade
• Market Condition: APT/USDT is respecting a strong bearish price channel. The momentum is still bearish, indicating a potential continuation.
• Entry Point: $9.60 (on a confirmed break below the major 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 area).
• Target 2: $8.85 (channel bottom and strong historical support).
• Risk to Reward Ratio: 1:3, ensuring an ideal trade setup for risk management.
• Recommendation: Use a trailing stop loss after TP1 to lock in profits if momentum increases.
• Trade Management: Closely monitor the price action near TP1 for signs of a reversal or additional bearish continuation.
This short trade conforms to technical patterns and maintains disciplined risk management.