$API3 /USDT is showing signs of a potential rebound after a sharp -11.52% drop in the last 24 hours, now trading at 0.4499 (down from 24h high of 0.5149). The price has been in a downtrend but is holding near the lower Bollinger Band (DN: 0.4261), with the middle band at 0.4574 acting as resistance. Recent candles show rejection lower and a bounce, suggesting oversold conditions.
RSI(14) sits at ~46, neutral but rising from lows, while RSI(6) at ~42.7 hints at short-term exhaustion in sellers. Stochastic oscillator shows K at 30.95 (oversold territory) and J at 4.28 (deep oversold), pointing to a possible reversal soon. MACD is bearish but DIF/DEA lines are flattening, with histogram bars shrinking โ momentum could flip positive.
Volume spikes on recent green candles support buying interest, and long/short ratios lean bullish (L/S Ratio 1.54, Longs ~60.6%). After a steep correction from 0.55+ levels, this looks like a classic dip-buy opportunity in a volatile altcoin.
๐จ API3/USDT TRADE FORECAST: LONG SETUP! ๐จ
Buy now around 0.45-0.4499 for a bounce play!
๐ฏ Take Profit Levels:
TP1: 0.4887 (upper Bollinger / recent resistance)
TP2: 0.5042-0.5149 (24h high zone)
TP3: 0.55+ (previous swing high)
๐ Stop Loss: 0.426 (below lower Bollinger / invalidation)
Risk-reward looks solid โ manage position size wisely! Volatility is high, but indicators align for upside momentum. Don't miss this potential pump!
Trade
$API3 /USDT Now on Binance Futures! Follow & turn ๐ on for more signals โ
Let's catch this reversal together! ๐ฐ๐
#API3 #API3USDT #Binance #CryptoTrading #Altcoin #TradingSignals #Crypto #FuturesTrading #BuyTheDip #BinanceSquare