Technical analysis by thecryptochart about Symbol APE: Buy recommendation (12/22/2024)

#Apecoin is looking very similar to #ponke. Given they are both #memecoins makes sense. They both got sold of hard. But now we have a breakout of the downtrend. Apecoin has now flipped resistance into support. It is forming an ugly sort of inverse head and shoulders with weak selling on the right should so now is the time to get long. Again the market is edgy so keep your stops tight. Price 1.135 Target is 1.38 or possible 22% non leverage returned Stop Loss 1.09 STO is 33 after touching 5 so surging up.