🔥 APTOS Preparing For Further Drop: Ideal Bounce Area Located

23 באפר׳ 2023

APT has been in a steady decline since late January. With BTC taking a more bearish stance, it's to be expected that APT will also drop further.

Long-term, I'm still bullish on APT. However, there's little technical reason to buy now.

I'll start to be interested again once APT reaches the bottom support of the channel. Note that the bottom diagonal line is a direct copy of the top line, which makes it a perfect parallel channel.