Technical analysis by potfew345 about Symbol APT: Sell recommendation (10/13/2024)

The chart shows a strong price increase, while the indicators show signs of weakening the upward momentum. MACD: The lines are starting to converge, indicating a potential correction. RSI: The value of 68.22 is approaching the overbought zone, which also indicates the possibility of a reversal or at least a short-term correction. The price has approached the premium area (around 10.15), which may become a resistance zone. There is also a weak maximum (Weak High), which may further increase the likelihood of a rollback. Forecast: A downward price correction can be expected in the next 5 hours. It may test levels below the current mark, possibly to the support zone indicated around 8.73, where the 0.705 and Discount levels are located, or intermediate levels.