Current Price: **1.396 USDT**
Price Change: **-8.40%**
24h High: **1.649 USDT** | 24h Low: **1.383 USDT**
24h Volume: **104.29M APE**
Support and Resistance Levels:
- **Resistance:** The recent high at **1.649 USDT** serves as a key resistance level. Price action approaching this level may face selling pressure.
- **Support:** The lower bound at **1.383 USDT** acts as a significant support level. A bounce from this area could signal potential buying opportunities.
#### Entry Strategy:
- **Buy Entry:** Consider entering a long position around the support level of **1.383 USDT**, watching for confirmation of a bounce.
- **Sell Entry:** Set a take-profit target near the resistance level of **1.649 USDT** to capitalize on potential upside.
#### Risk Management:
Implement stop-loss orders below the support level to manage potential downside risk effectively.
Stay informed of market trends and adjust strategies accordingly.
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