RLinda

APEUSDT ! Price growth after testing the support zone

Largo
BINANCE:APEUSDT   APE / TetherUS
APEUSDT is trading below a descending resistance level, which causes a downtrend. The price is also within the range between resistance 1.9748 and support 5.1700. I think, since now the entire cryptocurrency market is standing still, the price may start to recover from support.

Assuming liquidity capture below 5.1700, the formation of a false breakdown and the subsequent rise in price to a short-term target - 7.9091. Medium-term target - resistance 9.7348

Sincerely, R. Linda!

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