š API3 (API3) Market Analysis ā Price Prediction & Key Support Levels
š Current Price: $1.07
š Support Levels: $1.07 ā $0.86
š Resistance Targets: $1.1 ā $1.37
š Key Observations:
ā API3 has been gradually declining since hitting a target of $1.37, experiencing rejection at that level.
ā Currently at $1.07, it is testing an important support zone.
ā Potential bounce from $0.86 could bring the price back to $1.1 and eventually target $1.37 in the coming weeks.
š Bullish Scenario:
š¹ Bounce at $0.86 could lead to an upward move toward $1.1 and further towards $1.37.
š¹ Making a 30-40% gain on short-term trades is possible if the price holds and moves upwards.
š Bearish Scenario:
ā Failure to hold the $1.07 support could lead to further declines toward $0.86, testing the strength of lower levels.
š¢ Final Thoughts:
API3 is facing crucial support at $1.07, and a bounce towards $1.1 is possible. However, if this level is broken, expect the price to move towards $0.86. Traders should keep an eye on the price action for potential opportunities.
š¬ Do you think API3 will bounce or continue downward? Share your views below! š