It appears that the currency $API3 is currently moving in a short-term upward direction after breaking above the EMA (10, 25, and 50) averages, which reinforces positive momentum. Consecutive green candles with long upper wicks indicate selling pressure at nearby resistances, but demand remains strong. The MACD indicator has returned to a positive crossover above the zero line, reflecting the beginning of a new upward wave. Additionally, the RSI indicator at around 70 suggests an approaching overbought condition, which may cause some corrections. The high trading volume reflects trader interest and supports the continuation of the movement. The current key resistance level is at 0.874 – 0.917, while support is at 0.744. In the near term, the trend leans upward with the possibility of temporary profit-taking before continuing the rise.
#API3USDT @API3 #BinanceSquare
#API3USDT @API3 #BinanceSquare
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API3
1.352
-12.60%