APTUSDT → Retest of the liquidity zone. Downward trend

APTUSDT.P failed to realize its potential. The price made a false breakout of resistance and formed a reversal pattern. Correction or continuation of the downtrend?



Bitcoin is rebounding from resistance. Technically, the market may enter a correction or consolidation. Altcoins are reacting accordingly — correction
Within the downtrend but local ALT rally, APT failed to realize its potential and formed liquidity accumulation and a false breakout of the downtrend channel resistance before a possible decline...

Resistance levels: 5.2, 5.458
Support levels: 4.76, 4.48, 4.17

A consolidation of the price below the trend resistance or below 5.20 could trigger a continuation of the global and local trends. The coin is likely to remain near the bottom and test new lows...

Best regards, R. Linda!