$API3
API3USDT
Perp
0.3959
+1.77%
API3/USDT Perp Long Setup
Current Price: 0.3637
Entry Zone: 0.3600 to 0.3650
Stop Loss: 0.3000 (below 24h Low)
Target 1: 0.3900
Target 2: 0.4200
Target 3: 0.4700
Timeframe: 1H
Reasoning:
API3 saw a massive volume spike today pushing price from 0.3028 to 0.5038. After a sharp pullback price is now stabilizing near 0.3600 zone. If buyers step in at current levels a relief bounce toward 0.39 to 0.42 is possible. Short term oversold conditions may attract dip buyers.
Risk Management: Use maximum 1 percent of portfolio only. This is a counter trend trade so risk is high. Move SL to breakeven immediately after Target 1 hits.
NFA DYOR Trade safe