Technical analysis by AltcoinPiooners about Symbol API3: Sell recommendation (8/19/2025)

AltcoinPiooners

API3USDT Trading Levels: Entry: 1.00 (1.800 USDT) - The level where the initial purchase is planned. DCA (Dollar-Cost Averaging): 1.135 (1.951 USDT) - An additional buying point if the price rises. SL (Stop Loss): 1.272 (2.104 USDT) - The level where the loss would be limited. TP (Take Profit):TP1: 0.786 (1.561 USDT) TP2: 0.618 (1.373 USDT) TP3: 0.5 (1.241 USDT) TP4: 0 (0.683 USDT) - A lower target, possibly a long-term goal or error. RSI (Relative Strength Index) Indicator: The current RSI value is 90.30, which is deeply in the overbought territory (above 70 and nearing 90). This suggests the price may be overextended, indicating a potential reversal or correction soon. Analysis and Interpretation: Strategy: The chart uses Fibonacci levels to determine entry, exit, and loss points. The entry is set at 1.800 USDT, with a DCA at 1.951 USDT if the price continues to rise, and a stop loss at 2.104 USDT to protect capital. Profit Targets: TP1 to TP3 are based on Fibonacci retracement levels (0.786, 0.618, 0.5), indicating a technical approach to taking profits incrementally. TP4 at 0.683 USDT seems significantly lower and might be a mistake or a long-term target. RSI: The extremely high RSI value (90.30) signals a strong overbought condition. This could imply an imminent pullback or consolidation, especially if the price fails to sustain its recent upward momentum. Recommendation: Monitor the price closely around the entry level (1.800 USDT) and DCA (1.951 USDT). Given the overbought RSI, exercise caution with new entries or consider preparing for a potential sell-off.TP 1 ✅ +13.28% PROFIT 🚀 The only limit to our realization of tomorrow is our doubts of today. Interested for Premium 👉 t.me/Altcoin_Piooners Follow for signals! 🔥 #Crypto #Stablecoin