$API3 Short-Term Bearish Pullback

After a strong impulsive move, API3 is starting to lose momentum. Price failed to hold the recent highs and is now printing lower highs, which usually signals that buyers are stepping back while sellers regain control near resistance.

The current structure looks more like a cooling phase than continuation. Volume has eased off and price action is leaning toward a corrective pullback rather than an immediate push higher. As long as API3 remains capped below the recent rejection zone, downside pressure is likely to continue.

This kind of pullback is healthy in the broader context, but in the short term it creates an opportunity for a downside move toward nearby demand areas. The key level to watch is how price reacts on the way down. Strong reactions could signal a base forming, while weak bounces would confirm further downside.

Trade idea: Short Entry: 0.450 – 0.460

Targets: 0.432 / 0.420 / 0.412

Invalidation: 0.473