🔴 $APT Liquidated Long: $55.7K at $8.891
A long position worth $55.7K has been liquidated at $8.891, reflecting a strong bearish pressure in the market.
Market Outlook:
Resistance: $9.20 – APT needs to break above this level to regain bullish momentum.
Support: $8.50 – A break $APT below this level could trigger further sell-offs.
Next Move Suggestions:
1. For Buyers: Wait for a clear bounce from $8.50 or a breakout above $9.20 with strong volume before entering long positions.
2. For Sellers: If $8.50 fails, consider shorting with targets near $8.20. A failed attempt to reclaim $9.20 could also be an entry for shorts.
Pro Tip:
1=Watch closely for sudden price reactions near $8.50 or $9.20.
2=Keep an eye on market sentiment and ensure stop-loss orders are in place to protect your capital.
Stay sharp and trade with discipline!