🚨 $API3 IS PUMPING! 🚨 Here’s the data behind the 34% surge & what comes next.
📈 Current Status
· Price: ~$0.3711 - $0.48
· 24h Change: +34.62%
· Market Cap: ~$32M - $40.99M
· Key Level: Just claimed #1 spot in Smart Contract Platforms.
🔍 Technical & On-Chain Snapshot
· Technical View: Trading ~41% below its 90-day avg. RSI is at 34.44 (neutral). Key swing low to hold is $0.314.
· Market Sentiment: "Extreme Fear" (Index: 17) but strong bullish momentum short-term.
· On-Chain Action: 82% Buyer Ratio (140 buyers vs. 57 sellers). Volume surged 494% to $101M+.
📰 Key Driver: OEV Network
The major catalyst is adoption of its OEV Network, which recaptures value from liquidations for DeFi protocols. Its Total Value Secured (TVS) exploded from $20M to **$600M in 2024**.
🎯 My Strategy & Key Levels
· Watching: Holding above $0.314 for stability.
· Potential Target: A move toward the 90-day average (~$0.686) is possible if momentum holds.
· Caution: A break below $0.314 could see further declines. DYOR
What's your move on $API3 right now?
· 🟢 Bullish & Buying
· 🟡 Holding & Watching
· 🔴 Taking Profits
#Ap13 #MarketRally #RiskAssetsMarketShock #MarketCorrection #WhenWillBTCRebound $API3
