APTUSDT - Correction and liquidity capture before the fall

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APTUSDT.P is making a countertrend move towards the zone of interest 1.66 - 1.68. Global and local trends are downward, and bearish pressure may do its job...

Bitcoin is consolidating within a downward trend. A retest of resistance is forming; if bears keep the market under pressure again, the decline of the flagship will also increase pressure on the altcoin market.
APT has been forming a global downward trend for quite some time. After updating the low to 1.400, we are seeing profit-taking and a rally to the zone of interest 1.66 - 1.68. A short squeeze could trigger a resumption of movement within the main trend.

Resistance levels: 1.6623, 1.6873, 1.734
Support levels: 1.553, 1.5035

A retest of the specified resistance zone and the absence of bullish momentum could give us a false breakout, which in turn could trigger a reversal of the local downward movement...