๐ API3 (API3) Market Analysis โ Price Prediction & Key Support Levels
๐ Current Price: $1.07
๐ Support Levels: $1.07 โ $0.86
๐ Resistance Targets: $1.1 โ $1.37
๐ Key Observations:
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API3 has been gradually declining since hitting a target of $1.37, experiencing rejection at that level.
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Currently at $1.07, it is testing an important support zone.
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Potential bounce from $0.86 could bring the price back to $1.1 and eventually target $1.37 in the coming weeks.
๐ Bullish Scenario:
๐น Bounce at $0.86 could lead to an upward move toward $1.1 and further towards $1.37.
๐น Making a 30-40% gain on short-term trades is possible if the price holds and moves upwards.
๐ Bearish Scenario:
โ Failure to hold the $1.07 support could lead to further declines toward $0.86, testing the strength of lower levels.
๐ข Final Thoughts:
API3 is facing crucial support at $1.07, and a bounce towards $1.1 is possible. However, if this level is broken, expect the price to move towards $0.86. Traders should keep an eye on the price action for potential opportunities.
๐ฌ Do you think API3 will bounce or continue downward? Share your views below! ๐
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