A signal.
$API3 Daily RSI 86, overbought. Current price 0.333. Up 5.9% in 24h.
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$API3 Daily RSI 86. Extremely overbought. Current price 0.333. Up 5.9% in 24h.
Support: 0.30, 0.29. Resistance: 0.35, 0.39.
Funding rate: -0.32%. Shorts are paying; longs are in control, but the cost of holding positions is rising.
Current price: 0.333. Bearish bias. Entry range: 0.335–0.35, stop loss: 0.37, target: 0.30, risk/reward ratio: about 2:1. Daily RSI at 86, combined with weekly RSI at 84, means both higher timeframes are overbought. The price has already moved far from its moving averages, so a pullback is only a matter of time.
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The daily and weekly timeframes are overbought at the same time. This kind of confluence is rare. The price has risen quite a bit from 0.29; if volume picks up at these highs but the price stalls, that’s a signal.
I’m keeping an eye on it.
For a customized strategy, contact Nini.
#API3 #超买回调 #RSI Signal
$API3 Daily RSI 86, overbought. Current price 0.333. Up 5.9% in 24h.
---
$API3 Daily RSI 86. Extremely overbought. Current price 0.333. Up 5.9% in 24h.
Support: 0.30, 0.29. Resistance: 0.35, 0.39.
Funding rate: -0.32%. Shorts are paying; longs are in control, but the cost of holding positions is rising.
Current price: 0.333. Bearish bias. Entry range: 0.335–0.35, stop loss: 0.37, target: 0.30, risk/reward ratio: about 2:1. Daily RSI at 86, combined with weekly RSI at 84, means both higher timeframes are overbought. The price has already moved far from its moving averages, so a pullback is only a matter of time.
---
The daily and weekly timeframes are overbought at the same time. This kind of confluence is rare. The price has risen quite a bit from 0.29; if volume picks up at these highs but the price stalls, that’s a signal.
I’m keeping an eye on it.
For a customized strategy, contact Nini.
#API3 #超买回调 #RSI Signal