#APE/USDT (ApeCoin) Trade Setup 📈🚀:
🔄 Pattern: Descending Triangle
🚀 Breakout: Bullish breakout above $1.50 resistance and 200-day moving average
🎯 Target: $1.80 (+20% potential upside)
⚖️ Stop Loss: $1.40 (Below 200-day MA support)
🔔 Price Alert: Set for breakout confirmation
📉 Pattern Analysis: Bullish breakout from a Descending Triangle pattern, often signaling a resumption of the uptrend. Breakouts are more robust with increased volume.
📈 Trend: Uptrend (Short-Term), Downtrend (Medium- and Long-Term)
🚀 Momentum: Bullish, with MACD Line above Signal Line and RSI above 55.
💪 Support/Resistance: $1.25 (Support), $1.00 (Strong Support); $1.50 (Broken Resistance), $1.80 (Target Resistance).
Trade wisely and stay alert!
