Technical analysis by MoriartyTrading about Symbol API3: Buy recommendation (2/24/2025)

📉 LONG API3USDT.P from $1.1236⚡️ Stop loss $1.1030 🕒 Timeframe: 1H✅ Overview API3USDT.P :➡️ The chart shows a gradual shift from a downtrend to possible reversal after forming strong support around $1.0680.➡️ Price is currently attempting to break above the key resistance zone $1.1234–$1.1236, which also marks the potential LONG entry point.➡️ Volume Profile indicates high trading activity above, with the Point of Control (POC) at $1.2541 — suggesting room for upside movement if breakout holds.➡️ Bullish volume spikes suggest growing buyer interest.➡️ Stop loss set at $1.1030, just below recent consolidation lows.📍 Important Note:Do not rush the entry!Wait for a clear hold above $1.1236 before entering the LONG — entering too early may expose you to fakeouts.🎯 Take Profit Targets:💎 TP 1: $1.1362💎 TP 2: $1.1544💎 TP 3: $1.1707⚡ Plan:➡️ Watch for breakout confirmation above $1.1236➡️ Enter LONG after volume or candle confirmation📢 Consider partial profit at TP1 and move SL to breakeven for risk-free management.🚀 API3USDT.P is showing signs of recovery — if the price holds above the entry zone, further upside is expected!