$API3: Bearish Divergence Spotted on Downside Targets Ahead
SHORT SETUP API3
Entry: $0.32750 - $0.32800
Stop Loss: $0.33950
Take Profit: $0.30425 (2R)
Key Levels: Support $0.31060 | Resistance $0.32890
Technical Analysis for $API3: Price sits just below the 1H/4H resistance at 0.3289. EMA92150 are all below price, but RSI is 70 and Stoch is overbought, signaling a nearterm pullback. A break above 0.3295 would invalidate the short; watch for a move toward the 0.311 support as the next target. SHORT bias targets continuation toward support, with resistance as the invalidation level.
Market Context: BTC is bullish (+2.2% 24h) and the overall market is broadly positive, with 76.8% of assets in green. This backdrop supports shortterm
SHORT $API3
SHORT SETUP API3
Entry: $0.32750 - $0.32800
Stop Loss: $0.33950
Take Profit: $0.30425 (2R)
Key Levels: Support $0.31060 | Resistance $0.32890
Technical Analysis for $API3: Price sits just below the 1H/4H resistance at 0.3289. EMA92150 are all below price, but RSI is 70 and Stoch is overbought, signaling a nearterm pullback. A break above 0.3295 would invalidate the short; watch for a move toward the 0.311 support as the next target. SHORT bias targets continuation toward support, with resistance as the invalidation level.
Market Context: BTC is bullish (+2.2% 24h) and the overall market is broadly positive, with 76.8% of assets in green. This backdrop supports shortterm
SHORT $API3