$API3 – Rejection at resistance, downside pressure building
Trading Plan Short $API3
Entry: 0.41 – 0.43
SL: 0.47
TP: 0.36
TP: 0.32
TP: 0.28
Price pushed into this zone after a bounce but failed to follow through. Momentum is starting to fade and structure looks weak near resistance.
Buying pressure is slowing while sellers begin to take control. When price stalls like this after a move up, it often leads to a pullback as late longs get trapped.
Trade $API3 here 👇