$API3
$API3 has failed to hold above the $1.30–$1.32 support range, triggering heavy selling pressure. The market is showing clear weakness with lower highs forming, indicating bears are in full control. A deeper drop is likely if $1.26 breaks decisively.
Trade Setup (Short):
Entry Zone: $1.27 – $1.29
Take Profit 1: $1.22
Take Profit 2: $1.16
Stop Loss: $1.33
Market Outlook:
Momentum remains bearish with sellers defending every bounce. If volume sustains on the downside, $API3 could retest $1.10 levels in the short term. Only a strong reclaim above $1.33 would invalidate this bearish scenario.
