$API3 Rejection at Resistance … Correction Phase Started

Momentum Weakening After Strong Rally

After a sharp bullish move, price faced strong rejection near the top zone. Sellers stepped in aggressively, showing that this level is acting as strong resistance. This kind of rejection usually leads to a short-term pullback or consolidation phase before the next move.

Trade Setup (Short / Correction)

Entry: 0.43 – 0.44

Stop Loss: 0.46

Take Profit: 0.39 – 0.36

A healthy retest of lower support is normal after such a strong pump. If price holds support, trend can continue later. If not, deeper correction may follow.

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