$API3 After completing a massive volume breakout on the 4-hour chart, the price is performing a healthy pullback above the previous high resistance turned support area, with chips changing hands.
🎯 Direction: Long
🎯 Entry: 0.3620 - 0.3660
🛑 Stop Loss: 0.3550 ( Rigid stop loss, below the low of the breakout candle )
🚀 Target 1: 0.3950
🚀 Target 2: 0.4250
Hardcore Logic: The price started from 0.2821, with a single 4-hour massive bullish candle (trading volume increased over 100 times), directly breaking through the previous high of 0.3142 and rising to 0.405. This is a typical signal of main force entering / bears being squeezed out. Currently, the candle is consolidating with reduced volume above the breakout level, with buying pressure continuously absorbing sell orders in the 0.362-0.366 zone (dense order zone). The funding rate remains negative, favoring long positions. Price action indicates the breakout is valid, and the pullback is a continuation of the upward trend. As long as the upper boundary of the breakout zone is maintained, upward momentum will continue.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Gate广场创作者新春激励 【$API3 Signal】Long + Massive Volume Breakout with Healthy Pullback
$API3 After completing a massive volume breakout on the 4-hour chart, the price is performing a healthy pullback above the previous high resistance turned support area, with chips changing hands.
🎯 Direction: Long
🎯 Entry: 0.3620 - 0.3660
🛑 Stop Loss: 0.3550 ( Rigid stop loss, below the low of the breakout candle )
🚀 Target 1: 0.3950
🚀 Target 2: 0.4250
Hardcore Logic: The price started from 0.2821, with a single 4-hour massive bullish candle (trading volume increased over 100 times), directly breaking through the previous high of 0.3142 and rising to 0.405. This is a typical signal of main force entering / bears being squeezed out. Currently, the candle is consolidating with reduced volume above the breakout level, with buying pressure continuously absorbing sell orders in the 0.362-0.366 zone (dense order zone). The funding rate remains negative, favoring long positions. Price action indicates the breakout is valid, and the pullback is a continuation of the upward trend. As long as the upper boundary of the breakout zone is maintained, upward momentum will continue.
Trade here 👇 $API3
---
Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL