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🔥 $APE STILL UNDER STRONG SELLING PRESSURE – SHORT SETUP
🔻 Short $APE
Entry zone: $0.1540 – $0.1785
Take Profit: $0.1380 – $0.1205 – $0.1050
Stop Loss: $0.1920
Price continues to face strong selling pressure as recent bounces remain weak and quickly get rejected. This suggests that sellers are still in control in the short term.
The market structure is forming lower highs, reinforcing the ongoing bearish trend. Small upward moves may simply provide opportunities for sellers to continue distributing.
If this momentum persists, price could move down to target the liquidity zones below.
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