📈LONG: $APE (1D)
Analysis:
APE/USDT is showing potential for a significant move, either breaking out or declining sharply. The pair has broken out of a falling wedge pattern and reversed its short-term trend by surpassing the previous Lower High (LH). Keep an eye out for a retest of this breakout to confirm a continued bullish trend.
Price Targets:
In the bullish scenario, the first key resistance to watch is around $0.993. If the momentum continues, the major resistance could be near $1.450. However, if it fails to hold its ground and dips below the new support at $0.475, bearish invalidation might trigger a further decline. Stay alert, traders!
