【$APT Signal】No Position + Weak Consolidation in Downtrend

$APT After breaking below key support, the market enters a weak consolidation phase, with price firmly suppressed below the EMA20 (1.0164). This indicates a clear bearish trend structure.

🎯Direction: No Position (NoPosition)

Market Analysis: The 4H chart shows consecutive bearish candles, with the latest candle’s buying volume only 43%, indicating persistent selling pressure. Price has dropped from the high of 1.01 with increased volume down to the 0.95 area, a typical stop-loss trigger for longs.

Hardcore Logic: Current long positions are not justified. 1. Trend Disruption: Price is well below EMA20, and EMA20/50 are in a bearish alignment. 2. Funding Deterioration: Funding rate is -0.0045%, negative, but open interest (OI) remains stable rather than rising, ruling out a short squeeze and indicating more dominance by bears. 3. Order Book Imbalance: Depth imbalance is -15.83%, with ask side significantly thicker than bids, indicating heavy selling pressure overhead.

Key Observation: RSI has entered oversold territory (26.1), but during a decline, oversold RSI is not a reversal signal; rather, it reflects trend strength. Reversal to long positions should only be considered when price reaches key support levels (such as the previous low around 0.93-0.94) with clear buy absorption (high-volume bullish candles + buy volume ratio >55%) and OI rising in tandem. Currently, it’s only a consolidation in a downtrend, with no right-side buy signals.

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