Crypto:
36635
Bitcoin:
$92.272
% 0.98
BTC Dominance:
%58.6
% 0.02
Market Cap:
$3.13 T
% 1.40
Fear & Greed:
28 / 100
Bitcoin:
$ 92.272
BTC Dominance:
% 58.6
Market Cap:
$3.13 T

APE Nears $0.46 Support: Key Reaction Expected

ApeCoin

As highlighted in our previous high-timeframe analysis, APE failed to break through the bearish FVG (Fair Value Gap) zone. As anticipated, the rejection led to a downward move toward the $0.46 support, with the current price hovering around $0.47.


You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!


This puts APE at a critical point, as traders watch closely for price action around this key level.

Holding $0.46 Could Spark Recovery, Breakdown Targets $0.40

If APE finds strong buying support at $0.46, a rebound toward the FVG zone could begin. This would signal a potential short-term recovery.

However, if the support breaks down with volume, a drop to the $0.40 area becomes a likely scenario. The $0.46 level remains crucial for determining APE’s next move in the market.

APE
APE/USDT pair daily chart.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *