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Is this $APT pump for real or are we just fueling the exit for whales?
The price is hitting 1.221 after a massive 40% run this month. It looks beautiful on the daily candles but check that order book. We have over 61% sales pressure sitting right above us. That is a lot of people looking to take profits at these levels.
We just wicked at 1.239 and pulled back slightly. If we can't close a candle above 1.24 soon then a retest of the 1.07 support area is almost certain. Large vertical moves like this usually need to breathe before going higher.
The volume is there which is a good sign but I'm not buying the top here. I'd rather wait for a successful flip of the 1.25 resistance into support before feeling safe about a move toward 1.50.
How many of you are actually holding through this or did you already hit the sell button?
#GateSquareMayTradingShare #BTCBackAbove80K