2026-01-27 10:55:07

💀 Technical Analysis: ApeCoin ( $APE )

Market Capitalization: $367 million.
After a recent volatility spike, APE has calmed down and moved into sideways movement while maintaining an upward trend.

🟡 An excellent opportunity to work on level breakouts!

How to trade❔

💬 Buy Scenario: On an upward break of the resistance level, open a long position. Place stop-loss behind the nearest extreme.

💬 Profit target – before the next resistance level above. Important: manage the trade by moving stop-loss at a distance equal to two stops.

💬 Sell Scenario: On a downward break of the support level, open a short position. Actions are similar to buying: stop behind the extreme, profit before the next level.
The profit/risk ratio for both trades looks very attractive.

Conclusion:
APE gives clear entry signals in either direction. The main thing is to wait for the breakout and not rush into entry.

📈 Open trade with $APE ‌🔗 Chat • X • JioCoinsX

APE2.15%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.