$API3

Price is currently at 0.3492 after a sharp bounce from the lows earlier today.

It needs to hold above 0.3487 to keep the bounce going.

Breaking above the MA60 at 0.3471 would open the next targets toward 0.3524 and higher.

Risk Note:

The move up looks strong but it came after a big drop, so it can reverse fast if volume fades.

Next Move:

Watch if price stays above 0.3487 and pushes toward 0.3524.

If it drops back below 0.3471, the bounce might be over and more downside could follow.