$API3
$API3 3D Overview
- Price is currently in a bearish trend, but is nearing a critical demand zone. I expect the market to either sweep the recent lows (below 0.2210/0.2082) to gather liquidity and then attempt a relief rally, or continue downward toward 0.1632 if buyers fail to step in.
- For a long trade setup, wait for a liquidity sweep below 0.2082 and a strong bullish candle close back above 0.2210. Entry could be considered on that reclaim, targeting 0.3000 first, then 0.3274 if momentum continues. Stop-loss should be placed just below the swing low that forms after the liquidity sweep.
- For a short setup, if price rallies towards 0.3000 or 0.3274 but fails to break through and forms a lower high or bearish engulfing, you could look for a short entry targeting a move back toward 0.2210 and 0.2082. Place stop-loss above the swing high.
- If price breaks and closes above 0.3274 with strong momentum, my bias shifts bullish, targeting 0.4046 and 0.5085.
- Always make sure to wait for clear confirmation before entering—examples include strong reversal patterns, bullish or bearish engulfing candles, or momentum shifts on lower timeframes.
📊 Need a second opinion before trading?
Get a free AI analysis on Finora → tinyurl.com/FinoraBot
#API3
$API3 3D Overview
- Price is currently in a bearish trend, but is nearing a critical demand zone. I expect the market to either sweep the recent lows (below 0.2210/0.2082) to gather liquidity and then attempt a relief rally, or continue downward toward 0.1632 if buyers fail to step in.
- For a long trade setup, wait for a liquidity sweep below 0.2082 and a strong bullish candle close back above 0.2210. Entry could be considered on that reclaim, targeting 0.3000 first, then 0.3274 if momentum continues. Stop-loss should be placed just below the swing low that forms after the liquidity sweep.
- For a short setup, if price rallies towards 0.3000 or 0.3274 but fails to break through and forms a lower high or bearish engulfing, you could look for a short entry targeting a move back toward 0.2210 and 0.2082. Place stop-loss above the swing high.
- If price breaks and closes above 0.3274 with strong momentum, my bias shifts bullish, targeting 0.4046 and 0.5085.
- Always make sure to wait for clear confirmation before entering—examples include strong reversal patterns, bullish or bearish engulfing candles, or momentum shifts on lower timeframes.
📊 Need a second opinion before trading?
Get a free AI analysis on Finora → tinyurl.com/FinoraBot
#API3