Hey Colleagues,
Today we took a look back at the APE/USDT . Ape coin is still a very strong project in our opinion!
Price has dropped to $5.2 from where it bounced right up to $7.7 where our next support has formed. As we can see this support has held itself for the past 4 days which gives us one more confirmation that this line should hold.
Our action is that we wait for the confirmation - for the price to reach at least $9.5 from where we are buying and holding until $20-22.
We don't use stop loss for this trade as we see this coin is going to be a next gem in a long-term or even a mid-term
Our expectations are that it can fall to $16 after what it should bounce right up, if not sooner.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
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