APE/USDT - Potential Short Opportunity After Resistance Rejectio
2024-12-03
Category: gaming

Using my indicator, I identified a key resistance level on APE/USDT. After testing this resistance, the price exhibited signs of a Change of Character (ChoCH), suggesting a potential bearish shift in market structure.

Once the price confirmed the breakdown, my indicator generated a sell signal, aligning with my strategy for a short trade. I’m targeting a 1:2 Risk-Reward (RR) ratio for this setup.