$API3 /USDT – Short Trade Setup on Rejection! 🚨
Current Price: $0.874 (+2.22%)
API3 has tested the $0.89 zone but failed to sustain momentum. This forms a potential lower high and opens the door for a short setup.
Key Resistance Levels:
$0.895 (24H High)
$0.900 (psychological barrier)
Key Support Levels:
$0.860
$0.840
$0.823 (24H Low)
Short Trade Plan:
Entry Zone: $0.875 – $0.890
TP1: $0.860
TP2: $0.845
TP3: $0.830
Stop Loss: $0.902
Market Insight:
Momentum is weakening after bullish attempt failed near resistance. Sellers stepping in around $0.89 with potential downside pressure.
Pro Tip:
Wait for a 30m candle close below $0.870 for stronger confirmation before shorting. Monitor volume spikes for validation.
Sellers creeping back in – time for smart shorts!
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