【$API3 Signal】Long | Healthy Pullback After Explosive Breakout

$API3 After a massive surge, the price enters a high-level consolidation, cooling off above the breakout zone. This is a healthy reset rather than a top.

🎯Direction: Long

🎯Entry: 0.345 - 0.352

🛑Stop Loss: 0.331 (Rigid stop loss, below the previous breakout candle low)

🚀Target 1: 0.380

🚀Target 2: 0.405

Hardcore Logic: A massive volume (over 200 million) bullish breakout candle appears on the 4H chart, followed by shrinking volume and sideways price movement. This is a typical process of buy-side absorption and profit-taking. Key data: 1) Open interest remains stable, ruling out short-squeeze, driven by main force; 2) Deep buy orders (0.352-0.353) are heavily stacked, providing strong support; 3) Taker sell-offs are false signals, actually a transfer of positions at key support zones. The price consolidates in the upper part of the breakout range (0.33-0.37), with no signs of selling pressure increasing. Pullbacks are opportunities.

Trade here 👇 $API3

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