APEUSD post-spike base: targeting $0.22ApeCoin / US DollarCOINBASE:APEUSD3CommasThe Macro Picture 🗺️ ApeCoin's May spike to $0.28 cleared the upside liquidity built up across the entire downtrend, and the three weeks since have been a patient digestion phase rather than a structural breakdown. Price has carved a slow grind from $0.18 back to $0.135 while holding well above the prior accumulation base — the kind of orderly post-impulse consolidation that signals supply is being absorbed rather than dumped. The $0.08–$0.10 macro floor remains intact, and the structural reset from the spike is still being built one session at a time. The Setup ⚙️ The Floor: The $0.08–$0.10 accumulation zone absorbed every retest across four months and continues to anchor the entire post-spike thesis — a structural support shelf where sidelined demand is parked and where bulls are defending with conviction. The Base: Three weeks of sideways grind between $0.13 and $0.16 has built a tight post-spike base directly above the macro accumulation zone, with RSI cooling into the mid-range and resetting momentum for the next directional release. The Trigger: A clean reclaim of the $0.16 Local High flips the post-spike ceiling into support and confirms buyers have absorbed the overhead supply, opening the path of least resistance toward the next macro shelf. The Roadmap: Primary target sits at $0.22 — as indicated by the white projection, a reclaim of $0.16 reopens the corridor between the local ceiling and structural resistance with no defensive footing for bears in between. Invalidation: a sustained daily close back below $0.10 would invalidate this bullish framework and signal the post-spike base has failed, exposing the macro floor at $0.08.