【$API3 Signal】Short | Massive Volume Surge Followed by Distribution Pattern

$API3 On the 4-hour chart, a typical massive volume rally was completed, followed by consecutive bearish candles indicating distribution by the main players. The price has broken below the midpoint of the massive volume candlestick, and Taker sell orders are dominant. The funding rate remains negative, signaling the establishment of a bearish structure.

🎯Direction: Short

🎯Entry: 0.332 - 0.335

🛑Stop Loss: 0.345 (Rigid Stop Loss)

🚀Target 1: 0.315

🚀Target 2: 0.303

Hardcore Logic: The 4-hour chart shows a huge bullish candle (volume increased 100 times) pushing up to 0.405. After that, three consecutive candles failed to stay above 0.35, with closing prices gradually declining. Open interest remains stable rather than decreasing, combined with negative funding rates and Taker sell orders, indicating this is not a healthy correction but rather profit-taking by bulls and accumulation by bears resonating together. Sell orders are stacking above 0.333, with weak buying support. The price has broken below the key support at 0.336 (50% retracement of the massive volume candle). The next targets are the previous lows and liquidity zones below the order book.

Trade here 👇 $API3

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