$API3

/USDT – Technical Analysis

$API3 just delivered an explosive move, skyrocketing from 0.806 to a peak of 1.861 in a single session, locking in a massive +106% gain. The chart shows one of the strongest vertical rallies seen lately, backed by heavy trading volume, signaling aggressive buying.

Moving Averages:

Price has ripped far above all key averages. The MA(7) at 1.078, MA(25) at 0.915, and MA(99) at 0.797 are all trailing far behind current levels. This separation confirms extreme bullish momentum but also leaves the coin vulnerable to sharp pullbacks.

Support & Resistance:

Immediate resistance is the fresh high at 1.861. If bulls push through, the next levels to watch would be the psychological zones near 2.00 – 2.20.

Strong support now rests around 1.45 – 1.50, with deeper backup near 1.20 where the breakout originated.

Trend Outlook:

The surge shows clear bullish dominance. However, such parabolic rallies rarely move in a straight line. A cool-off or pullback to retest lower levels is highly likely before the next leg up.

Trading View:

API3 is in a bullish breakout phase. Momentum traders may look for quick upside continuation toward 2.00, but risk control is crucial here. The best setups may come from waiting for a healthy pullback toward 1.50 – 1.20 rather than chasing the spike at highs.