๐ $APE has undoubtedly garnered our
attention, having successfully regained its
footing in a previous support zone. Currently,
APE faces a challenge at the supply barrier, At critical junctures it needs to be overcome to pursue further ascents and potentially shatter the constraints of the descending channel.
๐ Failure to do so could see APE rebuffed at
this hurdle, retreating to reassess its stance at
the $1.085 support mark, gathering strength for another attempt to breach the supply blockade and the overarching pattern.
๐ However, a less favorable turn of events could unfold during its reassessment
phase. Should APE falter, failing to maintain its position within the support zone, and particularly if it breaks below and seals its Descend with a closure beneath this threshold,
it could set the stage for a continued decline toward a significant support frontien