🔻 $API3 just printed a vertical spike, but smart trades come from fading hype, not chasing it.

TRADE SETUP: SHORT $API3

Entry: 0.372 – 0.385

Stoploss: 0.42

Targets: 0.35 – 0.33 – 0.3

Technical view:

The +42% pump comes with extreme volume relative to market cap, signaling short-term liquidity, not trend reversal.

Price is still below key moving averages and MACD remains negative, showing momentum hasn’t flipped bullish.

RSI is only recovering from weak conditions, so rallies are likely distribution. Without sustained follow-through, API3 favors a pullback toward prior demand zones.

Trade $API3 here 👇👇👇