$API3 🚀 🚀 💪 BULL RUN 🚀 🚀
AP13/USDT Trade Setup
Current Price: 0.937 USDT
24h Volume: 3.31M USDT — Strong Liquidity
Technical Outlook (Short-Term, 4H Chart)
Trend: Neutral-to-Bullish
Price is consolidating slightly below $0.94 after a recent minor pullback, indicating potential accumulation.
Support Zone:
$0.910 – $0.925 USDT
Multiple rejections on the downside with volume spikes suggest strong buyer interest in this zone.
Resistance Zone:
$0.965 – $0.980 USDT
Previous highs align with declining volume at the top, suggesting cautious profit-taking. A breakout here could lead to momentum upside.
Moving Averages (EMA20/EMA50):
EMA20 is curling above EMA50 — bullish crossover in development.
RSI (Relative Strength Index):
Currently at ~58 — momentum is building, but not overbought.
MACD:
Histogram is turning green; MACD line is crossing above the signal line — bullish confirmation.
Trade Plan:
Entry Zone:
0.925 – 0.937 USDT — Buy on dips near the support.
Target 1: 0.965 USDT
Target 2: 1.01 USDT — potential breakout if volume confirms.
Stop Loss:
Below 0.910 USDT — to protect against false breakdowns.
Risk/Reward Ratio:
~1:2.3 — favorable setup for short-term swing traders.