Today we took a look back at the APE/USDT . Ape coin is still a very strong project in our opinion! Price has dropped to $5.2 from where it bounced right up to $7.7 where our next support has formed. As we can see this support has held itself for the past 4 days which gives us one more confirmation that this line should hold.
Our action is that we wait for the confirmation - for the price to reach at least $9.5 from where we are buying and holding until $20-22. We don't use stop loss for this trade as we see this coin is going to be a next gem in a long-term or even a mid-term
Our expectations are that it can fall to $16 after what it should bounce right up, if not sooner.
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