▪️Upward movement in the $API3 with the price rising from around $0.78 to $1.536, a 77.36% increase,
▪️The recent spike appears sharp, with technical indicators like RSI (76.995 for 12 periods) suggesting overbought conditions, while the ADX (64.233) indicates a strong trend.
▪️The moving averages (MA and EMA) and Bollinger Bands show a breakout above previous resistance levels.
▪️This could signal a potential short-term peak or continued bullish momentum, but caution is advised due to overbought signals.