#APE /USDT Technical Analysis ๐
$APE /USDT is forming a consolidation zone with a potential breakout above resistance. The price currently trades at $1.594, with strong targets at:
$1.911 (initial resistance)
$2.169 (secondary target)
$2.458 (final target).
A break above the consolidation zone indicates a bullish move, with stop-loss at $1.361 to manage risk effectively. The current setup offers a favorable risk-to-reward ratio, positioning for a 62.57% upside potential upon breakout confirmation. ๐