Technical analysis by CryptoAnalystSignal about Symbol APE: Buy recommendation (4/16/2025)

#APEThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.4040.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 moving average.Entry price: 0.4122First target: 0.4223Second target: 0.4330Third target: 0.4464#APEFirst target: 0.4223 ReachedSecond target: 0.4330 ReachedThird target: 0.4464 Reached