Based on the chart for API3/USDT:
🚨 $API3 API3/USDT ALERT: Testing Volatile Resistance with Bullish Rebound! 🚨
API3 is trading at 1.764, showing a +10.53% increase over the last 24 hours. The price reached a peak of 2.316 and a low of 1.238, reflecting high volatility in recent sessions.
Key Levels to Watch:
Resistance: 2.316 – This recent high acts as a strong resistance point. Breaking above could potentially drive API3 higher as bullish momentum strengthens.
Support: 1.579 – Holding above this level is crucial for sustaining the current bullish momentum. A dip below could signal a retracement or consolidation phase.
API3 is showing significant upward momentum, but caution is advised due to the volatile price swings. Traders should monitor these levels closely for potential breakout or reversal signals.