APE is likely to decline further (4H)APE / TetherUS PERPETUAL CONTRACTBINANCE:APEUSDT.PbehdarkAPE appears to have completed a bullish double combination pattern. Since this corrective structure was bullish in nature, the market is now likely transitioning into a bearish phase, increasing the probability of further downside. Although APE has already experienced a significant decline, chasing the price at current levels is not the preferred approach. Instead, we will wait for a corrective pullback into the red resistance zone, where we will look for high-probability Sell/Short opportunities. Waiting for the retracement provides a more favorable risk-to-reward ratio and helps avoid entering after an extended move. The ideal scenario is for the price to retrace into the red zone, show signs of rejection, and then resume its bearish trend. If this setup develops as expected, we will consider opening a Sell/Short position. The downside targets are marked on the chart. If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you. Do you also think APE is bullish?