📉 API3 Price and Analysis

API3 is trading at $1.4754, down -2.74% in the past 24 hours. The infrastructure token is consolidating near key moving averages amid mixed signals.

Key Insights:

· Price Action: Trading between the MA(7) resistance ($1.5017) and MA(25) support ($1.4693). A breakout above or below this range could dictate the next move.

· Indicator Check: MACD is negative (-0.0280), indicating short-term bearish momentum, but the price holds well above the long-term MA(99) ($0.9463), suggesting overall resilience.

· Outlook: Holding above $1.47 is crucial for stability. A break below may test lower supports, while reclaiming $1.50 could signal renewed bullish interest.

Always conduct your own research before trading.

#API3 #Crypto #Infrastructure #Trading #BinanceSquare #USDT #MarketUpdate $API3