{"content":"🚀 $API3 /USDT Weekly – Technical Outlook After a massive 98% weekly candle, API3 has broken out of a multi-year descending trendline, signaling a potential macro reversal. ✅ Breakout Confirmation The downtrend resistance from early 2022 is decisively broken. Weekly close above all major MAs: MA 7: 0.8731 ✅ MA 25: 0.7950 ✅ MA 99: 1.7096 (now being tested) 🔢 Fibonacci Extension Targets Using the full range from ATH to bottom: 🎯 Target 1 – $2.66 (0.236 Fib) → Just cleared 🎯 Target 2 – $4.03 (0.382 Fib) 🎯 Target 3 – $5.13 (0.5 Fib) 🚀 Bonus: $6.24 (0.618 Fib) and $7.81 (0.786 Fib) if momentum sustains 🛡️ Support Levels 🟢 $1.20–$1.30: recent breakout retest zone 🟠 $0.85–$0.80: MA 25 & prior range top 🔴 $0.60: invalidation of breakout structure ⚠️ Quick Notes RSI likely entering overbought zone → may cause short-term pullback Volume spike confirms real buying interest Could consolidate below MA 99 before continuation 🧠 Final Take The trendline that once defined the bear is now the springboard for the bull. API3 just broke its shackles — the real game may just be beginning. 📈 #Write2Earn ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/21/bc1f4ad0567c40fa86aa16c813dc4aa4.png"],"tags":[],"tradingPairs":["API3/USDT"],"quotearticleid":0}