🔻 $API3 /USDT – Sliding Below Support! Will the Bears Push It Lower?

$API3 is trading at $0.66, down 6.25%, brushing its 24h low of $0.656. The price has now broken below all major moving averages, reflecting growing bearish momentum:

MA(7): 0.664 | MA(25): 0.687 | MA(99): 0.676

📉 Technical Overview:

– Sharp rejection from $0.725

– Key support zone: $0.652 – $0.656

– Breakdown may extend toward $0.63 if no bounce occurs

– Volume remains healthy: 3.47M API3, indicating active trading interest

📊 Short-Term Trade Plan:

Entry: $0.656 – $0.665

TP1: $0.678

TP2: $0.690

SL: $0.640

📈 Long-Term Trade Plan:

Entry: $0.648 – $0.660

TP1: $0.710

TP2: $0.735

SL: $0.628

This zone is critical — $API3 needs a strong reaction at $0.656 or it risks a continued slide. Watch price action closely around this support.