$API3 /USDT BEARISH CORRECTION IN PLAY – WATCH THE SUPPORT LEVELS!
The $API3/USDT pair is showing a bearish bias as the price recently dropped to 1.0161, near its 24h low of 1.0015, indicating selling pressure. The short-term chart suggests a potential continuation of the downward move unless strong support at 1.0000 holds. Immediate resistance sits around 1.0400 – 1.0500, where any rebound may face selling pressure.
Trade Setup:
Short Entry: 1.0200 – 1.0250
Target (TP): 1.0000 / 0.9900
Stop Loss (SL): 1.0450
Market Outlook:
$API3 is under pressure due to recent bearish momentum. Traders should watch key support and resistance levels for possible reversals. A break below 1.0000 could trigger further downside, while a bounce from this level may provide short-term bullish opportunities.