$API3
Market Summary:
Short liquidation reflects a squeeze, forcing bearish positions out above resistance. Buyers are stepping in with momentum.
Support Levels:
• 0.450 (post-squeeze support)
• 0.420 (demand zone)
Resistance Levels:
• 0.520 (recent supply)
• 0.600 (next resistance zone)
Bullish Scenario:
Above 0.520 → Target 0.600 then 0.680
Bearish Scenario:
Below 0.450 → Pullback toward 0.420
Market Insight:
Short squeeze confirms buyer dominance, but continuation depends on sustained volume after the move.
API3
0.3725
+1.30%