API3 has broken out of a multi-month falling wedge pattern, confirmed by a strong daily candle closing above the upper trendline. Current price is 0.867 USDT, up +11.01% for the session.
The measured move from the wedge projects a potential target near 1.50 USDT (+73% from breakout). Price action shows rising momentum on the breakout, suggesting room for continuation to higher levels if buyers sustain control.
Key levels:
Breakout zone: ~0.86 USDT
Projected target: 1.50 USDT
Invalidation: close back inside wedge / below 0.50 USDT
Pattern breakout confirmed – monitoring for bullish follow-through toward upside targets.
The measured move from the wedge projects a potential target near 1.50 USDT (+73% from breakout). Price action shows rising momentum on the breakout, suggesting room for continuation to higher levels if buyers sustain control.
Key levels:
Breakout zone: ~0.86 USDT
Projected target: 1.50 USDT
Invalidation: close back inside wedge / below 0.50 USDT
Pattern breakout confirmed – monitoring for bullish follow-through toward upside targets.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.