$API3 /BTC – REVERSAL ZONE ON RADAR
After a sharp spike toward the 0.00001787 level, API3 has retraced but is now holding support around 0.00001200–0.00001220. This area is crucial, as maintaining above it could set the stage for another upward move.
A breakout above 0.00001320 may open the door for momentum toward 0.00001360 – 0.00001440, while a decisive close above 0.00001500 could strengthen the bullish case.
However, failure to sustain above 0.00001200 may invite further downside pressure, with the next support sitting near 0.00001080.
Trade Plan (Long Bias)
Entry Zone: 0.00001200 – 0.00001240
Targets: 0.00001320 → 0.00001360 → 0.00001440
Stop Loss: 0.00001180
Risk Note:
Limit exposure to 1–2% of total capital per trade. After the first target is achieved, consider moving stop-loss to breakeven to protect profits.
