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#APT/USDT bearish structural bias

#APT

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward move.

There is a major support area in green at 3.75, representing a strong support point.

We are heading for consolidation above the 100 moving average.

Entry price: 3.83
First target: 4.00
Second target: 4.22
Third target: 4.546

Don't forget a simple matter: capital management.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.

CryptoAnalystSignal

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