API3USDT has recently broken out of a long-term consolidation range, signaling a strong bullish shift in momentum. The chart clearly shows a breakout from a rounded bottom formation combined with a horizontal resistance level, which has now turned into a strong support zone. This technical structure often leads to sustained bullish rallies, and the volume spike during the breakout further confirms institutional and retail interest converging on this move.
The current market sentiment around API3 is also turning positive as decentralized oracle solutions like API3 are gaining attention in the DeFi space. With its unique fundamentals and a sharp technical setup, API3 is now in a position to potentially deliver a gain of 80% to 90% from the breakout zone. This projected target is based on historical price movement and the depth of the consolidation range that preceded the breakout.
As price action remains above key moving averages and continues to print higher highs and higher lows, traders should keep a close eye on potential retests of the breakout zone. A successful hold above the $1.20–$1.30 area would likely trigger another leg up, making API3USDT an attractive setup in the current market cycle.
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The current market sentiment around API3 is also turning positive as decentralized oracle solutions like API3 are gaining attention in the DeFi space. With its unique fundamentals and a sharp technical setup, API3 is now in a position to potentially deliver a gain of 80% to 90% from the breakout zone. This projected target is based on historical price movement and the depth of the consolidation range that preceded the breakout.
As price action remains above key moving averages and continues to print higher highs and higher lows, traders should keep a close eye on potential retests of the breakout zone. A successful hold above the $1.20–$1.30 area would likely trigger another leg up, making API3USDT an attractive setup in the current market cycle.
✅ Show your support by hitting the like button and
✅ Leaving a comment below! (What is You opinion about this Coin)
Your feedback and engagement keep me inspired to share more insightful market analysis with you!
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