Apecoin prices are moving alongside a downtrend that was established since October 2. The APEUSD is trading in a narrow range moving closer to the resistance of the downtrend. Thus, it would be interesting to consider short trades from 1.0630-1.0690 to 0.9600, which is the support on the descending channel of October 6. The stop-loss could be set at 1.1030, the high of October 8.