APT 4-hour line sharp drop bottoming, pay attention to short-term support

APT current quotation 9.04, the decline has significantly expanded, the 4-hour line shows that the bullish trend has been completely broken, the moving averages are in a bearish arrangement, and it may continue to test lower support in the short term.

• Support levels: 8.80, 8.50

• Resistance levels: 9.30, 9.60

If the price drops below 8.80, the probability of further retracement to 8.50 increases; if it rebounds and breaks through 9.30, it is expected to attempt to test the 9.60 resistance range. It is recommended that investors remain cautious in the short term, watch the market, and wait for signs of stabilization.