$API3 /USDT – Testing Critical Support Zone! Rebound or Breakdown?

Momentum Analysis:

$API3 is currently hovering near a key support at $0.844, showing a 7.66% drop. After hitting a 24h high of $0.930, the price retraced aggressively to its 24h low of $0.843. With volumes tightening up (8.27M API3 / 7.39M USDT), we may be nearing a high-volatility move soon.

Long Setup:

Entry Zone: $0.840 – $0.860

Targets:

T1: $0.900

T2: $0.950

T3: $1.030

Stop Loss: $0.798

Breakout Confirmation: Above $0.930 (clean break + volume spike)

Key Support: $0.843 (watch for bounce or further breakdown)

Pro Tip for Traders:

Volume tightening near key support usually signals a big move brewing. Set alerts around $0.930 for upside breakout confirmation or prepare to scalp bounces if the price wicks below $0.840 and quickly reclaims.

Trading Data:

Price: $0.844 (-7.66%)

24h High / Low: $0.930 / $0.843

24h Volume:

API3: 8.27M

USDT: 7.39M

Depth Snapshot:

Resistance Cluster: $1.116 – $1.341

Support Layer: $0.844 – $0.666

Timestamp: 2025-04-04 05:00 (UTC)

#API3 #USDT #CryptoTrading #Altcoins #BreakoutTrade