DU09

API3/USD - Price BACK on Support. BUY opportunity??? 😁

OKX:API3USDT   API3/Tether
API3 FULLY retraced from the most recent PUMP. Now price is approaching the key support / breakout point.

Should you buy or should you wait?

Instinct tells me that a full retrace is BEARISH. So there is quite a bit of risk to BUY here...

I'd give this chart a bit more time, say a few days. Then re-consider.

If you like risky plays, then you can enter with a stop under the support level. But you may get hunted...

Bias is NEUTRAL on this chart. Can go either way from here.

Be careful. Check my last API3 idea as well. 👇

Like and follow if you liked this analysis.

📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰

🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha

Likes and follows appreciated! 🚀
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.