APT Long Spot Position (Inverse Head and Shoulders Breakout)
2024-10-01

Market Context: APT is breaking out from an inverse head and shoulders pattern, holding the 200 EMA as support while flipping previous resistance. The key resistance level to clear is $9.8, which could trigger rapid price expansion.

Trade Setup:

Entry: Dollar-cost average (DCA) between $8 and $6.8.
Take Profit:
First target: $9.8
Second target: $12
Third target: $14
Stop Loss: Daily close under $6.

This setup looks solid for a breakout continuation if resistance is cleared. #APT #Crypto