š Trading Idea: $API3 /USDT | š Timeframe: 4H/Daily
šÆ Direction: š Bullish (S-T)
š Current Price: $1.387
š Entry Price: $1.25ā$1.30 (MA25)
šÆ Targets:š© T1: $1.45 (+4.5%) | š° T2: $1.515 (24H High, +9.2%) | š T3: $1.65 (+18.9%)
š Stop Loss: $1.15 (-10.3%) | š Breakeven Trigger: "After T1"
āļø Risk-Reward Ratio: 1:3 (SL: -10.3% vs T3: +18.9%)
š Analysis
š Chart Pattern:
Trendline Break: Price broke above descending resistance; retesting MA25 (1.25) could offer support.
24H Range: Consolidation between $1.155 (low) and $1.515 (high).
š Indicators:
RSI: Mixed signals (39.8ā87.6), but recent 67.6 suggests neutral momentum.
MACD: Bullish crossover observed (DIFF > DEA in some screenshots).
MA Alignment: MA(7) > MA(25) > MA(99) in latest data, indicating short-term bullish bias.
š Fundamentals:
Market Cap Growth: +13% surge aligns with high Vol/Market Cap (178.46%), signaling strong interest.
Token Unlock: Monitor for potential sell pressure (noted in Coin Info).
š¬ Sentiment:
Gainer Status: Listed as "Infrastructure | Gainer" across screenshots.
Volume Spike: 24H volume $238M suggests institutional/retail participation.
ā ļø Risk Management
Position Size: š¼ 2% of Capital (e.g., $1,000 account = $20 risked).
Max Loss: š» 10.3% ($1.15 SL) | Leverage: Avoid high leverage due to volatility.
Adjustments: Tighten SL to $1.30 after T1 hit to lock profits.
Note: Watch for rejection at $1.515 (24H high). A close above could trigger FOMO; failure may lead to retracement.