APE: Is the Rebound Running Out of Steam?
ApeCoin ($APE ) showed some recovery recently, bouncing off the $0.60 level and briefly touching $0.80. However, the price now faces resistance just below the 99-day moving average at $0.78.
With volume cooling down, the recent uptick may be losing momentum. Unless we see a surge in buyers soon, a short-term pullback looks likely, possibly retesting $0.70 or lower.
Watch closely for signs of either a continuation or a breakdown. đ
#APE #CryptoAnalysis #DowntrendAlert #ResistanceLevel #Altcoins
