【$APR Signal】Pull back to go long, betting on a second surge

$APR 1H-level massive fluctuation, price quickly retraced from a high of 0.3066 to 0.2128, after piercing the upper band of the 4-hour Bollinger Bands, a long shadow was formed. Currently, the 1-hour EMA50 is at 0.2076, forming a dense support zone with the 4-hour EMA20 at 0.2053. Market depth shows buy orders are imbalanced by -12%, but the price was quickly pulled up from 0.2128, indicating clear bottom support intentions.

Price repeatedly changes hands within the 0.2057 to 0.2651 range, taking a direct chase at this level carries significant risk, better suited for waiting for a pullback.

⚡Order: Place buy orders around 0.2057, which is the resonance zone of the 1-hour EMA50 and 4-hour EMA20.

🛑Stop loss: 0.1923, a break below this level means the support below has failed.

🚀Target 1: 0.2664, near the previous rebound high.

🚀Target 2: 0.2675, the inertia point after breaking the previous high.

🛡️Trade management:
- Execution strategy: After the price reaches 0.2664, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.2650 and falls back into the cost zone, exit all positions.

The 4-hour MACD is still expanding strongly, but the 1-hour MACD red bars are beginning to converge, indicating a momentum shift. Position holdings are stable, with no signs of panic selling; large turnover appears more like a strong shakeout. RSI has fallen back from overbought to 62, leaving room for another upward move. The risk-reward ratio is still reasonable here, with the key focus on the defense strength in the 0.2050-0.2100 zone.

Check real-time market 👇 $APR
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