$API3 is experiencing a slight decline of 2.022% over the past 24 hours.
The 24h high and low of 0.656 and 0.609 indicate a tight trading range.
Currently, prices are testing key support at 0.609, with resistance at 0.654.
The Bollinger Bands suggest increasing volatility, yet the overall market trend remains a downtrend.
Macroeconomic factors like inflation data and regulatory news could weigh heavily on price action.
Bitcoin’s influence appears undefined, suggesting minimal correlation for API3 at this moment.
Traders may consider a short-term approach amid volatility, focusing on support levels.
Key takeaway: Monitoring macroeconomic indicators is essential, as they could shift API3 trends significantly.
