#API3/USDT ANALYSIS 📊



API3 continues to form a descending expanding wedge, where the price has received rejection from the upper resistance boundary ⚡️. However, the asset is holding above the support line, which leaves potential for a bounce upwards.

The Ichimoku Cloud serves as a key resistance barrier 🟣. Only a confident breakout above the cloud and a consolidation above it will serve as a signal to confirm a bullish trend 🚀.

Meanwhile, it is important to monitor the support zone – its retention will become the basis for a new impulse, while a breakdown downwards will increase selling pressure.

📌 Attention traders: the key catalyst will be the price reaction at the boundary of the wedge and the cloud.
API3-1.89%
View Original
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)