$API3 /USDT – Short Liquidation Alert! 🚨

Current Price: $1.3568

Liquidation Volume: $3.6469K

Key Levels:

Support: $1.34, $1.30

Resistance: $1.38, $1.40

Trade Setup:

Short position triggered after strong rejection at $1.38 resistance.

Bearish momentum increasing on 1H and 4H charts.

Targets:

1️⃣ $1.33

2️⃣ $1.30

3️⃣ $1.27

Stop Loss: $1.39 (above recent resistance)

Tips for Traders:

Tip 1: Watch for confirmation from volume spikes before entering.

Tip 2: Use trailing stop to lock in profits if price drops fast.

Tip 3: Avoid over-leveraging; liquidation risks are high in volatile moves.

Market Sentiment: Bearish

Sellers dominating short-term charts.

Potential for a small pullback before further decline.

Pro Insight:

API3 shows repeated resistance at $1.38. If it fails to break above, the path to $1.30 is clear.

Watch cross-chain news or partnerships for sudden volatility.

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