$APT / USDT Short Trade Setup: Precision Trade
Market Condition: $APT /USDT remains within a well-defined descending price channel, reflecting persistent bearish momentum and a high probability of continuation.
Entry Point: $9.60 (on a confirmed break below the key support zone).
Stop Loss (SL): $9.95 (above the upper boundary of the channel, ensuring adequate safety margin).
Take Profit (TP):
Target 1: $9.20 (short-term support area).
Target 2: $8.85 (channel bottom and strong historical support zone).
Risk-Reward Ratio: 1:3, offering a favorable setup with disciplined risk management.
Trade Management:
Implement a trailing stop loss after reaching TP1 to secure profits if bearish momentum strengthens.
Monitor price action closely near TP1 for potential reversal signals or continuation patterns.
This setup aligns with technical analysis principles and emphasizes risk management to maximize profitability while minimizing exposure.
APT Price: $9.51 (-11.12%)
