$APE is currently showing key support at $0.62, with a confirmed bounce from this level previously. The next significant support, in case of downward movement, is around $0.42. Resistance is seen near $0.80, which has acted as a cap on bullish attempts in the past. Breaking through this resistance could set #APEcoin on a path towards higher levels, with a potential target of $1.40 if momentum continues in a bullish direction.
A recent double-bottom pattern signals that the $0.62 level is crucial for maintaining upward momentum, and failure to hold this level could lead to further declines.

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