APE is rebounding from the support trendline of the falling wedge pattern. The 21MA is acting as a resistance barrier above the wedge’s resistance trendline.
A solid breakout of the pattern will signal a bullish rally, while a breakdown below the wedge’s support trendline would invalidate the formation.
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#APE/USDT ANALYSIS
APE is rebounding from the support trendline of the falling wedge pattern. The 21MA is acting as a resistance barrier above the wedge’s resistance trendline.
A solid breakout of the pattern will signal a bullish rally, while a breakdown below the wedge’s support trendline would invalidate the formation.