API3 Token Surges 10.48% on Binance After Bullish Breakout, Trading Volume Hits $176 Million

API3USDT experienced a notable price increase of 10.48% over the past 24 hours, rising from 0.773 to 0.854 on Binance. This surge is primarily attributed to a confirmed bullish breakout above a long-term descending resistance line, which has shifted market sentiment and technical indicators toward a more positive outlook. The breakout and successful retest of the key support zone around 0.74–0.75 have contributed to increased market confidence and buying activity. Trading volume spiked significantly, with over 14 million API3 traded on Binance and total 24-hour volume reaching up to $176.63 million, reflecting heightened investor interest and momentum. API3USDT’s market capitalization has also expanded, with the token outperforming the broader cryptocurrency market in recent sessions.