Hi traders,
On a chart we can see that today Aptos price broke the significant horizontal support on 4hr timeframe. If this is the case we should be waiting for a retest of that key support level now acting as resistance.
Also we can see a that the price is bouncing off of the bearish trendline that should also be acting as a resistance. This indicates a good a setup for a short position.
Entry price: 8.70
Target price: 7.80
Stop loss: 8.95
On a chart we can see that today Aptos price broke the significant horizontal support on 4hr timeframe. If this is the case we should be waiting for a retest of that key support level now acting as resistance.
Also we can see a that the price is bouncing off of the bearish trendline that should also be acting as a resistance. This indicates a good a setup for a short position.
Entry price: 8.70
Target price: 7.80
Stop loss: 8.95
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