$APE - Price Insights:

🔴 Currently, the price remains NEUTRAL, persisting below the significant downtrend trendline. 📉

🔴 Given the prevailing bearish sentiment and the pronounced downtrend, another rejection is foreseeable. 📉

🟡 Trading this coin is challenging at present; I recommend awaiting a lower buy zone for long positions.

🟢 Key support levels for Dollar-Cost Averaging (DCA) long: $1.200 - $1.150 - $1.100.

🟢 Monthly support stands around $1.100.

🟢 Anticipate a potential bullish movement towards $1.600 - $1.750 from this zone, though it may take some time (several days to weeks⏳).

🟢 Keep a close watch on a potential breakout from the downtrend. 📈

👇 Legend for Trends:

🟢 Bullish

🟡 Neutral

🔴 Bearish

While I aim to simplify my content, it's essential to provide informative insights rather than mere lines. How would you prefer my analyses presented? ✍️

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