APE: Pullback in UptrendApe Coin (APE) technical analysis:
Trade setup : Pullback in Uptrend. Following a bullish breakout from Channel Down pattern, trends reversed to bullish but momentum is fading near-term (MACD crossover). However, pullback near $5 support could be an attractive swing entry in uptrend. Could revisit $7.50 next.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $5.00 (previous resistance), then $4.00. The nearest Resistance Zone is $6.00, then $7.50.