📉 $API3 /USDT Trade Setup (Short-Term Pullback)
Current Price: 1.386
Entry (Short): 1.386–1.395 (near 7 MA resistance at 1.402)
Stop Loss: 1.410 (above recent high / 7 MA)
Take Profit:
$API3
TP1: 1.300 (recent minor support)
TP2: 1.200–1.000 (stronger support zone, retest after parabolic move)
Rationale:
Price is above long-term MAs (25 & 99), confirming overall bullish trend, but below 7 MA, showing short-term selling pressure.
Strong spike up followed by a sharp pullback (-10.52%) indicates profit-taking and potential short-term correction.
Ideal for short-term traders looking to capture pullback, not for chasing longs.
Risk Management:
Risk 1–2% of account per trade.
Move stop to breakeven after hitting TP1.
⚡ Strategy:
Avoid longing during euphoric spikes; wait for consolidation near major support for next bullish leg.
Watch 1.402–1.410 area as resistance for aggressive short entries.
#API3 #api3short #short_sell #CryptoIntegration #REVABinanceTGE
Current Price: 1.386
Entry (Short): 1.386–1.395 (near 7 MA resistance at 1.402)
Stop Loss: 1.410 (above recent high / 7 MA)
Take Profit:
$API3
TP1: 1.300 (recent minor support)
TP2: 1.200–1.000 (stronger support zone, retest after parabolic move)
Rationale:
Price is above long-term MAs (25 & 99), confirming overall bullish trend, but below 7 MA, showing short-term selling pressure.
Strong spike up followed by a sharp pullback (-10.52%) indicates profit-taking and potential short-term correction.
Ideal for short-term traders looking to capture pullback, not for chasing longs.
Risk Management:
Risk 1–2% of account per trade.
Move stop to breakeven after hitting TP1.
⚡ Strategy:
Avoid longing during euphoric spikes; wait for consolidation near major support for next bullish leg.
Watch 1.402–1.410 area as resistance for aggressive short entries.
#API3 #api3short #short_sell #CryptoIntegration #REVABinanceTGE