$APT
Daily Point Analysis and Bullish/Bearish Forecast
Support and Resistance
• Support Level: $9.00 (key short-term support), $8.70 (medium-term defensive position), $8.20 (long-term bottom).
• Resistance Level: $9.60 (short-term rebound target), $10.10 (medium-term strong resistance), $10.80 (long-term resistance range).
Bullish/Bearish Direction
Currently, the APT price is hovering around the short-term support of $9.00, with bears in control, but downward momentum has weakened. If it can hold above $9.00, the market may see a rebound opportunity, targeting $9.60 and $10.10. If it breaks below $9.00, it may further test $8.70.
Strategy Suggestions
• Bullish Strategy: Gradually build long positions near the $9.00 support, with a stop-loss set at $8.70, targeting $9.60, and looking towards $10.10 after a breakout.
• Bearish Strategy: If the price rebounds to around $9.60, consider light positions for shorting, with a stop-loss set at $10.10, targeting $9.00, and looking towards $8.70 after a breakdown.
Market sentiment is cautious, and it is recommended to closely monitor changes in trading volume and the effectiveness of the $9.00 support level, with a short-term bias towards a rebound.