APE: Major Weekly Trend Line Broken

APE has been trading below this major trend line since May 2022. As we can see on the weekly chart, APE has finally broken through the trend line and has reached the first resistance zone between $5.00 - $5.25.

Assuming the bullish momentum continues in the coming weeks, the next major target would be $6 - $6.25.

Invalidated with a break below the trend line.