Summary
$API3 just bounced strongly (reach ~1.86) after a large liquidity wave — short-term bias high-volatility / conditional bullish if held above 1.22 and has a solid breakout > 1.86.
Main catalyst: listing on Upbit / new trading pair and whale accumulation report + spike in volume have triggered the pump.
Analysis
Short-term bias: neutral → bullish but high risk. Action: Support: 1.22 (recent low/consolidation). Resistance: 1.86 (local high) → next psychological area if surpassed is ~2.4–3.0. RSI 4h ~74 — has entered overbought territory; volume & open interest have increased sharply but also signal short-squeeze / whale-driven volatility risk. Listing + modular-oracle narrative is attracting demand but follow-through must be confirmed by continued volume.
Strategy
Entry A (breakout): probe buy when 4h closes > 1.86 with clear volume; SL: 1.50; TP1: 2.5; TP2: 3.5 (open if momentum is strong).
Entry B (dip, higher-risk): scale-in exploration if pullback to 1.22–1.35 with rejection candle + volume support; SL: 1.05 (below 1.22 area).
Stop-loss (mandatory): according to the above levels for each entry method — do not trade without SL.
Exit triggers: large CEX inflows / whale distribution, sharp drop in open interest, or negative news related to listing/partnerships; if RSI/volume indicates distribution, exit early.
