DU09

API3/USD - Massive breakout, now consolidating for next push

做多
OKX:API3USDT   API3/Tether
API3 looks extremely bullish after a 183% run in a week!

We are now in a descending triangle, but the indicators are keen to curve up and go higher! We have a resistance at $4.6 which may keep us down for a while, but I expect us to exceed this level in the future.

If we are to correct further down, then $3 is a good support level, as it is previous resistance turned support. You can also explore buy opportunities in this area for longs.

I don't see us going lower than $3 unless the whole market tanks, which is unlikely.

Keep a close eye on this coin as it can provide excellent returns.

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