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Honestly, I didn’t think $APE Coin still had this much fight left in it.
The daily chart is looking wild right now. After that massive spike to $0.2780, we saw a pretty sharp correction, but look at how it’s reacting now at $0.1663. It just bounced off a local support level and is trying to print a green candle to reclaim some of that lost ground.
Volume is still decent at $32M for the pair, so people are definitely trading this volatility. If we can hold this $0.16 area, we might see another attempt at the $0.20 mark. But if it slips, it could get ugly fast and drop back toward the $0.13 range where it started the move.
The order book is showing a bit more buying pressure at the moment, but these NFT coins move fast and break hearts even faster.
Are you guys chasing this bounce or waiting for a deeper retest? I’m playing it very carefully here.
#TopCopyTradingScout