🟢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 🛡️:
• 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.
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