$API3/USDT – Potential Rebound or Further Decline? 🚀💯
As of February 18, 2025, API3 is trading at $0.948535, with an intraday high of $1.16 and a low of $0.914311.
Key Levels:
Support: $0.920 – Holding steady
Resistance: $1.000 – Crucial breakout level
Long Setup (Bullish Trade):
Entry: $0.930 - $0.950 (On a slight pullback)
Take Profit Targets:
TP1: $1.000
TP2: $1.050
TP3: $1.100
Stop Loss: Below $0.920
Short Setup (Bearish Trade):
Entry: $1.000 - $1.020 (If rejection at resistance)
Take Profit Targets:
TP1: $0.950
TP2: $0.920
TP3: $0.890
Stop Loss: Above $1.050
Market Insight: API3 recently faced a strong rejection from $1.245, leading to a correction and finding support near $0.920. A break above $1.000 could signal renewed bullish momentum, while failure to surpass this level may result in further downside.
Pro Tip: Monitor trading volume at key levels; increased volume can confirm momentum direction. 🚀
Disclaimer: This is not financial advice. Trade at your own risk!