APT / TetherUS
롱

APT: Pullback in Uptrend

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Trade setup: Price is in an Uptrend. Following a failed break above $10.00 resistance, price has pulled back to $8.00 support, which could be an attractive swing trade entry in Uptrend with upside back to $10.00 near-term and $12.50 medium-term. Stop Loss (SL) level at $7.75 (just below prior swing low and nearest support).

Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).

Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).

Support and Resistance: Nearest Support Zone is $8.00 (previous resistance), then $5.40. The nearest Resistance Zone is $10.00, then $12.50.

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