🚨 $API3 /USDT ALERT: Critical Levels in Sight on the 1-Hour Chart! 🚨
API3 has demonstrated strong upward momentum, pushing over 12% and climbing from recent lows. This bullish surge has taken the price close to significant resistance, indicating possible continued volatility.
Current Price: 1.825
Entry Price: 1.820 (for those seeking entry into this trend)
Key Levels to Watch:
Resistance: 2.077 – Breaking this level could unleash further bullish momentum, potentially drawing in more buyers.
Support: 1.683 – Holding this level is critical to maintaining upward momentum; a drop below may signal a short-term reversal.
Take-Profit Targets:
1. TP1: 1.950
2. TP2: 2.020
3. TP3: 2.080
Stop Loss: 1.680 (below key support to protect against downside risk)
⚠️ Cautionary Note: Traders should be on alert for either a breakout above 2.077, which could spark further gains, or a failure to hold the 1.683 support, potentially leading to a pullback. Stability around these levels will be crucial in determining the next direction for API3. Watch for high volume as a confirmation signal for any potential breakout.