#APTUSDT expecting further decline
2025-02-08
Category: None

📉 SHORT  BYBIT:APTUSDT.P  from $5.5950
🛡 Stop Loss: $5.7250

 ⏱ 1H Timeframe 

 ✅ Overview: 
➡️  BYBIT:APTUSDT.P  remains in a downtrend, forming lower lows. The price broke key support at $5.6600 and continues downward.
➡️  POC (Point of Control) at $5.94  indicates the highest liquidity zone, confirming a bearish market sentiment.
➡️  A breakdown of $5.5950  strengthens the downtrend, opening the way toward $5.2950, where buyers previously showed interest.
➡️  Holding below $5.5950  will likely accelerate selling pressure.

 ⚡ Plan: 
➡️ Enter SHORT after confirming a breakdown below $5.5950, signaling further downside.
➡️ Risk management through Stop-Loss at $5.7250, placed above resistance.
➡️ Primary downside target – $5.2950, where buyers may step in.

 🎯 TP Targets: 
  💎 TP1: $5.2950 – key support level.


📢   BYBIT:APTUSDT.P  remains in a strong downtrend with no clear signs of reversal. If the $5.5950 level breaks with increasing volume, the decline may accelerate.
📢 It is crucial to watch the reaction at $5.2950—if significant buying interest appears, a short-term bounce is possible. However, if selling pressure persists, the price may continue to fall toward $4.3450.


🚀  BYBIT:APTUSDT.P  remains weak - expecting further decline!