APT

Since early February 2025, APT has been forming a descending channel, which has persisted for about six months. Recently, the price broke below a small rising wedge, retested the pressure level in the first wave, and then continued to decline, finding support and rebounding around $4.05. Currently, the bears hold a significant advantage, and the price is likely to continue its prior downtrend.

As of the time of writing, the price is around $4.23. Investors can monitor whether the price tests the pressure zone. Pay attention to the price reaction between $4.66 and $4.85 (approximately Fibonacci 0.618 to 0.5) and look for shorting opportunities. Take-profit targets can be set in stages at $3.85 and $3.4. The latter aligns with the Fibonacci 1.414 level and coincides with the pattern target (blue line) and the wedge target price. The stop-loss can be set above the previous high of $4.986.

Reference Levels:

• Direction: Short

• Entry: $4.7 / $4.66 - $4.85

• Take-Profit: $3.85 / $3.4

• Stop-Loss: $5.01

EIGEN

EIGEN recently broke below a head-and-shoulders pattern and has gradually formed a triangle pennant, a typical continuation pattern, suggesting the price may continue its prior downtrend. As of the time of writing, the price is around $1.13. Investors can observe the price reaction to find shorting opportunities, with entry levels between $1.16 and $1.2. Take-profit targets can be set in stages at $0.98 and $0.85. The stop-loss can be set above the previous high at $1.26.

Reference Levels:

• Direction: Short

• Entry: $1.16 - $1.2

• Take-Profit: $0.98 / $0.85

• Stop-Loss: $1.26

W

The price action of W is similar to APT, having formed a descending channel since mid-March for nearly six months. Recently, it broke below a rising trendline and found support and rebounded around $0.07, approximately at the midpoint of the channel (purple dashed line). The broken rising trendline is also part of a rising wedge, a typical bearish pattern. Yesterday, the price retested the previous pressure level, and it currently appears likely to continue its downward trend.

As of the time of writing, the price is around $0.078. Investors can choose to enter a short position at the market price or set a short order at $0.08. Take-profit targets can be set in stages at $0.063, $0.057, and $0.054. The stop-loss can be set at $0.086.

Reference Levels:

• Direction: Short

• Entry: $0.08

• Take-Profit: $0.064 / $0.057 / $0.054

• Stop-Loss: $0.086

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.