$APE $APE $APE

APE/USDT Analysis: A Bearish Trend Continues

APE/USDT, the native token of the Bored Ape Yacht Club NFT collection, is currently trading at $1.035, down 6.17% in the last 24 hours. The chart shows:

* Resistance: $1.114 - Breaking above could signal a potential reversal.

* Support: $1.027 - A dip below could lead to further downside.

Entry Strategy:

* Aggressive: Wait for a break below $1.027 to short APE/USDT.

* Conservative: Wait for a retest of the $1.114 resistance level before considering a long position.

Disclaimer: The NFT market is highly volatile. Do your own research before investing.

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