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$APT just got rejected from resistance, but it’s still alive on the trendline.
I’m watching this support closely because it’s the line keeping the structure intact right now. Sellers tried to push it down after the rejection, but price is still holding the trendline, so the market hasn’t fully given up yet.
The key is simple. I only like longs if we get a clean close above $2.00. That level is the switch. Below it, every bounce can turn into another sell. Above it, momentum can flip fast because it confirms buyers are taking back control.
Until that close happens, this is a patience game. Trendline support is doing its job, but $2.00 is the real trigger.