🟱APT/USDT Trading Signal 📊

Timeframe: Daily

Pattern: Elliott Wave + Descending Wedge Breakout

Current Price: 8.32 USDT

Key Levels:

‱ Demand Zone: 6.70 - 7.31 USDT

‱ Supply Zone: 12.57 - 14.46 USDT

‱ Invalidation Level: 6.14 USDT

Trade Setup:

‱ Entry 1 (Conservative): Upon retest around 7.31 USDT (Demand Zone)

‱ Entry 2 (Aggressive): On break and hold above 9.59 USDT

Price Targets 🎯:

‱ Target 1: 9.59 USDT 📈

‱ Target 2: 12.49 USDT 🚀

‱ Final Target: 14.46 USDT 🏆

Risk Management đŸ›Ąïž:

‱ Stop Loss: Below 6.14 USDT (Invalidation Level)

Rationale:

‱ The chart shows a potential breakout from a descending wedge, with price bouncing off the demand zone. We expect a wave E completion followed by a rally to the supply zone.

‱ Bullish reversal patterns support the upside potential, and price action looks favorable for a continuation towards the upper resistance levels.

🚹 Disclaimer: DYOR and NFA.

$APT

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