RLinda

APEUSDT ! Accumulation of energy for short. Will it fall?

Short
RLinda Updated   
BINANCE:APEUSDT   APE / TetherUS
APEUSDT is in a downtrend after breaking up in early May. The price breaks through the strong level of 17.45 and falls. The first stop, which slowed down the price decline, was at 5.17, after which APEUSDT goes into an accumulation state. But there is no strong rollback after the fall.

The zone 7.909 is forming on the chart, the price cannot fix above the level, falls and consolidates below the level, stays in the short zone.

I expect APEUSDT to fall from this zone, followed by a move in the short term to the level of 6.692. And in the medium term - 5.17

Sincerely, R. Linda!
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