The price of 
APTUSDT has shown a mix of bearish and bullish tendencies on the 1-hour chart. After fluctuating between $11.74 and $11.56, the price now faces resistance at $11.63 and $11.93, with support levels firmly established at $11.48 and $11.38. Recent price action suggests that APT is in a consolidation phase, with slight bearish undertones.
The 9 EMA has recently dipped below the 20 EMA, indicating short-term bearish momentum. This crossover aligns with the MACD histogram, which, despite showing a minor narrowing of bearish divergence, remains negative. RSI readings hovering below 50 suggest a lack of buying pressure, with the market leaning toward oversold conditions.
Trading Strategy: Traders looking to go short might consider entering near the resistance levels of $11.63 or $11.93 with a stop loss slightly above these points. Conversely, a long trade could be initiated near the support at $11.48, aiming for a recovery to $11.63. Patience is key as the market awaits a decisive breakout.
The 9 EMA has recently dipped below the 20 EMA, indicating short-term bearish momentum. This crossover aligns with the MACD histogram, which, despite showing a minor narrowing of bearish divergence, remains negative. RSI readings hovering below 50 suggest a lack of buying pressure, with the market leaning toward oversold conditions.
Trading Strategy: Traders looking to go short might consider entering near the resistance levels of $11.63 or $11.93 with a stop loss slightly above these points. Conversely, a long trade could be initiated near the support at $11.48, aiming for a recovery to $11.63. Patience is key as the market awaits a decisive breakout.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.