APT is carving out a two-year range, currently hugging the lower boundary at $4.00–$5.00—a level that’s held firm through multiple tests and speaks to solid accumulation. Up top lies untapped liquidity around the highs, setting the stage for a potential breakout impulse.Key Observations
• Support tested and defended at $4.00–$5.00 (green zone)
• Accumulation in play with early reversal patterns forming
• Untested highs above range (~$13.00 and beyond ATH) mark natural targets
• Historic liquidations at both extremes reinforce range integrity
Trading Plan & Levels
– Primary: Hold long from $4.00–$5.00, scale in more on a clean 1W close above $6.00
– Alternative: If price drops below $4.00, pause and reassess for a capitulation low setup
– Buy Zone: $4.00–$5.00
– Add Zone: Weekly close > $6.00
– Take-Profits: First at $13.00 (upper range), then $20.00+ (untapped highs/ATH)
– Stop-Loss: Weekly close < $4.00
Triggers
Weekly close above $6.00 → add/reinforce longs
High-volume rejection off $4.00–$5.00 → initial entry signal
Swift breakout above range → consider aggressive partial profit-taking
As long as $4.00 holds, the range-bound long remains valid—watch for a decisive move through $6.00 to unlock a run toward the upper band and beyond. 🚀
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.