$APE 's recent 11.77% surge to $1.519 indicates strong bullish momentum. Technical indicators support this uptrend, with RSI at 70.43 and MACD showing a robust crossover. APE trades above its 50-day and 200-day moving averages.

Key levels to watch:

Support: $1.40

Resistance: $1.60

Next resistance: $1.80

Growing bullish sentiment and increasing trading volumes fuel this move. On-chain metrics show growing address count and transaction volumes, indicating increasing ecosystem adoption.

Fundamentals remain strong, driven by APE's use cases and partnerships. Potential catalysts include upcoming updates, listings, or collaborations.

Next steps:

Watch for consolidation above $1.50

Monitor potential breakouts above $1.60

Adjust targets accordingly.

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