$API3
Here’s a concise analysis of API3 (API3) as of today, August 21, 2025:
📊 Key Points:
1. Current Price: API3 is trading at $1.59**, up
16.5%** in the past 24 hours but down from a recent high of **$1.86 .
2. Weekly Surge: The token gained ~115% over the past week, driven largely by its listing on Upbit (South Korea’s largest exchange) and integration with Aurora Cloud .
3. Technical Indicators:
· RSI: Cooling from extreme overbought levels (91→84) but still indicating bullish momentum .
· Support/Resistance: Critical support at $1.34**; resistance near **$1.64–$1.69 .
4. Market Sentiment:
· Mixed Signals: Funding rates turned negative (-1.96%), suggesting short-term bearish pressure, but whale accumulation increased (top 100 addresses bought +25.98% tokens) .
· Volume: High 24h volume (~$538M) confirms active interest .
5. Outlook:
· Short-Term: Pullback likely due to overbought conditions, but holding above $1.34 could sustain bullish momentum .
· Long-Term: Fundamentals remain strong (e.g., OEV Network adoption, Aurora partnership) .
💡 Verdict:
API3’s rally is cooling after a massive pump. Traders should watch $1.34** for downside risk and **$1.64+ for renewed upside.