🚨 $API3 /USDT TECHNICAL ANALYSIS: BULLISH MOMENTUM CONTINUES! 🚨

$API3 /USDT is trading at $2.354, up by 13.88% in the last 24 hours. After reaching a 24-hour high of $2.507, the price is consolidating slightly, suggesting a potential continuation of its upward momentum. Here’s what to monitor:

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Key Levels and 3 Targets

1️⃣ Immediate Resistance: $2.500

A breakout above this level could signal a continuation of the bullish trend, potentially attracting more buyers.

2️⃣ First Target: $2.700

If API3 breaks past $2.500, it is likely to target $2.700, where traders could expect strong resistance.

3️⃣ Second Target: $2.950

Sustained bullish momentum could push API3 toward $2.950, a significant resistance point from previous price action.

4️⃣ Support Zone: $2.300

On the downside, $2.300 acts as the first support level. A breakdown here might lead to further correction toward $2.100.

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Technical Insights

Trend: Bullish, supported by high trading volume and consistent price increases.

Indicators: RSI nearing overbought territory, indicating potential for a short-term pullback before further upward movement.

Volatility: Moderate – watch for sharp moves as API3 approaches key resistance levels.

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Trading Strategy

💡 Bullish Play:

Entry: Above $2.500

Targets: $2.700, $2.950

Stop-Loss: Below $2.350

💡 Bearish Play:

Entry: Below $2.300

Targets: $2.100, $2.000

Stop-Loss: Above $2.400

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API3 is poised for its next big move—stay vigilant as it tests key levels!

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