$API3 is going through a healthy correction after the recent upward move. Corrections like this are important—they allow the market to consolidate, shake out weak hands, and prepare for a stronger continuation. I’m watching this level closely because it could provide a good entry if it holds.

Trade Setup:

Entry Zone: $0.440 – $0.444

Target 1: $0.452

Target 2: $0.462

Stop Loss: $0.435

This zone is strong because it aligns with a previous support area where buyers stepped in multiple times, creating a reaction point. It also sits near the 0.618 Fibonacci retracement of the last impulsive swing, which often acts as a bounce level. I can see them building strength here—volume is holding steady, and lower wicks show rejection of further downside.

If this level holds, $API3 could move toward Target 1 and eventually Target 2. I’m watching price action carefully; a clean bounce in this Entry Zone would make for a high-probability trade while keeping risk disciplined.