Technical analysis by ULYSSESTRADER about Symbol APT: Buy recommendation (8/24/2025)

I’m looking for a bounce play here as APT tested a strong Fibonacci retracement level and is showing signs of reclaiming support. 🔹 Entry: Around $4.62 (0.309 Fib level & horizontal support). 🔹 Stop Loss: Below $4.38 (invalidates structure if broken). 🔹 Target (TP): Around $4.96 – $5.18 (0.5 to 0.618 Fib retracement + confluence with Bull Market Support Band). Reasons for the Long: ✅ Fib Confluence – Price is reacting from the 0.309 retracement level and aiming for the 0.5 – 0.618 zone. ✅ Bull Market Support Band – Target aligns with the weekly bull support band, which often acts as dynamic resistance. ✅ Risk-Reward Ratio – Around 1:2.5, making this setup favorable. ✅ Structure – Higher low formation suggests bulls are trying to defend this region. ⚠️ Note: If price fails to hold above $4.50 – $4.60, the setup gets invalidated and I’ll cut early. Next major support sits around $4.30 – $4.05.