🔻 $API3 # Short Setup — Range Play
$API3 is still consolidating and struggling to show real follow-through. Upside attempts look weak, making this more of a fade than a breakout play.
• Volume: Recent green candles lack conviction compared to earlier spikes — momentum isn’t expanding.
• Flows: Short-term contract inflows are active, but this could also mean crowded leverage that’s vulnerable to a flush. Spot demand remains mixed and unconvincing.
Short bias: Playing rejection from range highs.
📌 Trade idea
• Entry: 0.455–0.460 resistance zone
• Stop-loss: Above 0.475
• Targets: 0.440 → 0.425
⚠️ Still a range market — expect chop. Take profits fast and don’t overleverage.
