$API3
š API3/USDT Trade Signal ā Bullish but Overbought!
š Market Overview
Current Price: 1.6229 USDT
24h Change: +20.30% ā
Trend: Strongly Bullish (above all MAs)
RSI(6): 77.17 ā Overbought ā ļø
š Key Insights
ā Price > MA7 (1.5564), MA25 (1.4645), MA99 (1.1645) ā Uptrend across all timeframes
ā Buyer dominance with strong breakout
ā ļø RSI in deep overbought zone ā Possible short-term pullback
šÆ Trade Setup
For Long Traders (Safer Play):
š Wait for pullback near supports:
MA7: ~1.5560
MA25: ~1.4640
ā Stop-loss: Below 1.45
šÆ Targets: 1.7088 (recent high) & beyond
For Aggressive Shorts (High Risk):
Entry only if rejection at 1.70 ā”
SL: Above 1.71
TP: ~1.55
š Levels to Watch
Resistance: 1.7088
Support: 1.5560 / 1.4640
š” Summary: API3 is in a powerful uptrend, but current levels are overextended. Best move ā Wait for a dip before entering long. Avoid chasing FOMO at the top.