Technical analysis by Traders_Notes about Symbol APE: Buy recommendation (10/3/2025)

After a prolonged downtrend, APE has entered a summer consolidation phase, with the range tightening week by week. Such formations usually precede a strong breakout. The market is now approaching a decisive move. 📌 Breakout to the upside may confirm a bullish pennant, with the first target around 0.64 and further potential toward dynamic resistance near 0.94. That could trigger a broader recovery. 📌 Breakout to the downside would retest the lower support zone, once again checking the real demand for the token. ⚠️ On the macro scale, APE is still trading about -97% below its ATH. Scary to buy something that has dropped this much? Maybe. But think about it — at $2 it won’t feel scary anymore. Often, these are exactly the zones where the best long-term opportunities appear.