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Now, let’s dive into this chart analysis:
APT is in a downtrend with strong support at the $4.4 trendline. The price is currently facing resistance at the 21 EMA, and if it closes above this level, we can expect a bullish rally toward $15-$18.
If APT faces rejection, the $4.4 support level should still hold the price.
The RSI has formed a bullish divergence and is acting accordingly.
Key levels:
- Primary Resistance: $6.8
- Support: $4.4
- Target: $15-$18
DYOR, NFA.
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