Post #260

Opened a short #APE The coin rebounded from the support level at $0.7097, but the buyer looks quite weak and was unable to overcome the $0.8625 resistance. Also, buyers do not have enough strength to gain a foothold above the moving MA200, so most likely we will go below it again. I assume that the asset will try to overcome the $0.7097 mark again, but I do not exclude a possible sideways trend in the range of $0.7097 - $0.8625 for some time. Targets: $0.7168 - $0.6791 - $0.6219 Stop: $0.8781