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.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.