$API3 /USDT BEARISH SETUP
$API3 is trading at $0.681 (-9.32%), showing weakness after rejection at the $0.763 resistance. Price is consolidating near the lower range, signaling potential for further downside if bulls don’t step in soon.
KEY LEVELS:
Resistance: $0.700 / $0.720 / $0.763 (24h High)
Support: $0.665 (24h Low) / $0.640 / $0.610
Current Price: $0.681
TRADE SETUP – SHORT ENTRY:
Entry Zone: $0.685 - $0.695
Targets (TP):
TP1: $0.665
TP2: $0.640
TP3: $0.610
Stop Loss (SL): $0.710
RISK MANAGEMENT:
Risk only 1-2% per trade. Use a fixed SL, avoid emotional exits, and don’t overleverage. Let your strategy lead!
Summary: Trend favors the bears. Watch for weak bounces toward resistance for ideal short entries. Trade with precision!
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