Analysis and Recommendation

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$API3 /USDT - Bullish Trade Setup: Targeting the $0.90+ area

Current Price: $0.873

Trade Setup (Long-term):

• Entry Price: Above $0.870

• Target 1: $0.895 (Short-term Resistance)

• Target 2: $0.906 (Next Resistance)

• Target 3: $0.930 (Extended Upside Potential)

• Stop Loss: $0.830

Analysis:

The API3 token has risen by 13.6%, from its daily high of $0.744 to its peak of $0.879. Trading volume is strong at over $14 million, indicating strong market interest. Bulls are clearly in control, pushing the price to key resistance levels.

If buyers can hold above $0.870, momentum may push the API3 token towards $0.906, and possibly $0.930. On the downside, a drop below $0.830 would weaken the price structure, suggesting consolidation before the next phase.

Currently, the trend remains bullish, as traders look towards a breakout area of $0.90 and above.

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Buy and trade from here..

$API3