#API3USDT is showing signs of recovery

94
📉 LONG API3USDT.P from $1.1236
⚡️ Stop loss $1.1030

🕒 Timeframe: 1H

✅ Overview API3USDT.P :
➡️ The chart shows a gradual shift from a downtrend to possible reversal after forming strong support around $1.0680.
➡️ Price is currently attempting to break above the key resistance zone $1.1234–$1.1236, which also marks the potential LONG entry point.
➡️ Volume Profile indicates high trading activity above, with the Point of Control (POC) at $1.2541 — suggesting room for upside movement if breakout holds.
➡️ Bullish volume spikes suggest growing buyer interest.
➡️ Stop loss set at $1.1030, just below recent consolidation lows.

📍 Important Note:
Do not rush the entry!
Wait for a clear hold above $1.1236 before entering the LONG — entering too early may expose you to fakeouts.

🎯 Take Profit Targets:
💎 TP 1: $1.1362
💎 TP 2: $1.1544
💎 TP 3: $1.1707

⚡ Plan:
➡️ Watch for breakout confirmation above $1.1236
➡️ Enter LONG after volume or candle confirmation

📢 Consider partial profit at TP1 and move SL to breakeven for risk-free management.

🚀 API3USDT.P is showing signs of recovery — if the price holds above the entry zone, further upside is expected!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.