APTUSDT is testing the demand zone at the 10$ area on a daily basis, which indicates a strong level of support where there is a significant amount of buying pressure.
The demand zone at the 10$ area is characterized by a large number of buyers who are willing to purchase APT tokens at this price level. This demand zone is likely to have formed due to a previous period of consolidation or accumulation where buyers were actively accumulating APT tokens, leading to a price increase.
However, there is a possibility that the price may experience a new pullback towards the 11$ area in order to grab new liquidity for a new bearish impulse. This pullback may occur as buyers take profits, leading to a decrease in buying pressure and a potential price decline.
If the price breaks below the 10$ demand zone, this may be a signal for a new bearish impulse, leading to a potential new demand zone around the 8$ area. As per Plancton's rules, new short positions may be considered if the price breaks below the demand zone, indicating a potential trend reversal.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.