🚨 $API3 /USDT: Breakout or Breakdown? 🚨
📉 API3 is rejecting from resistance and showing signs of a pullback! Will bulls regain control, or is a deeper drop ahead?
Market Outlook:
🔻 Rejection at $1.00 – Price failed to sustain above this key resistance.
🔻 Bearish Pullback – Momentum shifting downward after the breakout attempt.
🔹 Key Support at $0.83 – If this level fails, expect further downside.
🔹 Recovery Zone? – A reclaim of $0.95-$1.00 could trigger another bullish leg.
Bearish Trading Setup:
🔸 Entry: Short at $0.92-$0.94 (retest of rejection zone).
🔸 Target 1: $0.85 (first support level).
🔸 Target 2: $0.83-$0.80 (deeper breakdown).
🔸 Invalidation: Stop-loss above $0.97 (if price reclaims resistance).
📊 Final Take:
API3 is at a critical point – it needs a strong bounce from $0.85 to resume its uptrend. Failure to hold could lead to a larger correction toward $0.80-$0.75.
💬 What’s your move? Are you shorting or waiting for a bounce? Drop your thoughts below! 📉🔥
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