API3 - Will it retrace ?

6 thg 8, 2024

#API3/USDT #Analysis
Description
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+ Price had significant retracement from 4.8 to 1.08 with -76% crash from recent high
+ it is trading around the local support zone and we are seeing significant retrace from the crash.
+ If this support holds then we can expect a sharp bounce back from the support zone.
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VectorAlgo Trade Details
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Entry Price: 1.415620298
Stop Loss: 1.009165284
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Target 1: 1.7841
Target 2: 2.3682
Target 3: 3.3682
Target 4: 4.9078
Target 5: 9.1698
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo

7 thg 8, 2024

Ghi chú

Price has reached the support level.