🔥 APE Bearish Break Out Erasing Gains

٨ مايو ٢٠٢٢

APE has been on a massive run during the last two weeks of April. However, after coming close to the ATH, APE has given away all its April gains.

In my view, there's likely more downside ahead of us. We recently broke out of this bullish support trend line, plus the bearish trend is exceptionally strong.

Be aware that we might see some kind of relief rally coming to us in the coming days, but I think that we're going to see a $11 to $9.6 coming in the near future.