$API3 /USDT – Short Setup Active After Failed Rebound
API3 surged earlier but failed to reclaim the $0.94 resistance, now trading at $0.892. Price is facing rejection on the 15m chart, forming a potential lower high setup — signaling short pressure building.
Short Trade Setup:
Entry: $0.892 – $0.893
Target: $0.785
Stop Loss: $0.941
Why Short?
Rejection near intraday resistance with fading bullish momentum, and a reversal candle forming below previous highs.
Pro Tip: Watch volume closely — a break below $0.87 may accelerate the drop.
