$APE ApeCoin (APE) is currently trading at $1.127, showing some signs of consolidation after a downward trend. On October 24th, 2024, market sentiment leans slightly bearish due to overall market uncertainty and a lack of strong buying pressure. APE needs to break through the $1.15 resistance to signal a potential bullish reversal.

In the short term, the bearish outlook could persist if the price fails to stay above the $1.10 support level. However, if buyers regain momentum, a target price of $1.20 could be reached. For now, a cautious sell price around $1.12 is recommended, but traders should closely monitor volume and market trends for any signs of strength.

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