API3/USDT is in an important price zone, where a strong recovery could provide significant opportunities for both short-term and long-term investors. Currently, the trading price is at 1.579, down 4.76% in the past 24 hours. The 1-hour chart shows the price fluctuating near a critical support at 1.547, with the possibility of a recovery if this level holds. The current price is below the MA(7), MA(25), and MA(99) lines, indicating that bearish pressure still dominates in the medium term.
Trading Strategy:
Entry point: 1.550 - 1.560 (near the support zone).
Take profit points: 1.600 and 1.640 (near resistance levels).
Stop loss point: 1.530 (below critical support).
Advice for long-term investors: API3 has decreased by 21.94% over the past year, but a growth of 15.37% over the last 90 days indicates recovery potential. Long-term investors may consider accumulating at low price levels with expectations of medium-term growth, especially when the price holds strong support.
Capital and Risk Management:
Allocate no more than 2% of capital for each trade to limit risk.
Monitor trading volume; if it spikes at support, it could be a positive signal for a reversal.
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