API3 (API3 / USDT) — funding, open interest and structure
Late stage of the move, signs of exhaustion (+17.0% over 24h), signs of exhaustion — the move is in its late stage, but volume is extremely thin — the moves cannot be trusted. The trend favors the bulls, but entering into a stretch is risky — better on a pullback.
Key numbers
- Price
- $0.3461
- 24h change
- +17.04%
- 24h volume
- $116.21M
- 24h high
- $0.3951
- 24h low
- $0.2891
- Market cap
- $51.43M
- Sector
- DeFi
- Funding rate
- -0.34%
- Open interest
- $22.35M
- OI change, 24h
- +113.96%
- OI trend
- falling
- RSI (1h)
- 58
- ATR / price
- +1.70%
- Volume vs average
- 0.27x
What is happening
Open interest dropped sharply — mass closing of positions.
Why: Shorts overheated
- Status
- Active
- Stage
- Maturing
Facts
- RSI 58
- MACD weakening
- CVD was falling, turned up
- OI falling (−18% over 4h)
- Funding −0.340%
- Volume ×0.3 vs the 20-candle average
What each number means
Daily trendrising by days
Daily trend is up (20-day window): +17.5% over 3d, +21.8% over 7d, +46.0% over 30d.
Funding rateshorts overheated
Funding −0.340%: shorts are over-levered — risk of a short squeeze up when they buy back. The skew is accelerating — cascade risk is rising.
Open interestrally, no fuel
OI is falling on a rally (−18.3% over 4h): the rally is short-covering, no fresh demand — weak fuel. OI is accelerating.
RSIin range
RSI 58: neither overbought nor oversold — momentum is balanced.
EMA stackuptrend
Price is above EMA200 and the averages are stacked bullish (20>50>200) — a steady uptrend.
MACDupside momentum fading
The MACD histogram is above zero but weakening: upside momentum is running out, no reversal yet.
Volatility (ATR)volatility normal
Normal volatility (ATR 4.3%/h). Volatility is expanding — bigger moves, longer wicks.
Cumulative volume deltaflow reversing
CVD is falling, but the last bars turned up — the flow has shifted to the buyer.
Recent movepump faded
No active pump: there was an impulse inside the window, but price has already given back −13% from the peak.
Volumevolume drying up
Volume is drying up (0.3× the 20-candle average): interest is fading — the move has no support.
Candlestick patternsbearish pattern
Pattern "threeBlackCrows" (1h) (85%): the figure favors sellers. Stronger if the next candle confirms it.
Volume profilein value area
Price is inside the value area — a fair range, buyers and sellers in balance.
Pivot levelsabove pivot
Price is above the daily pivot $0.3439 — an intraday buyer lean. Nearest resistance $0.3988 (+15.2%).
Support and resistancebetween levels
Nearest levels: support $0.3044 (−12.0%) (2 touches).
Levels and structure
- Range high / low
- $0.3951 · $0.3405
- Support
- $0.3044 · $0.3018 · $0.2973
Range and holding cost
We do not have enough complete days for API3 yet. The window fills as candles accumulate.
What the terminal adds
Order flow (CVD and taker split), the full order book with a depth map, price magnets, AI scenarios and Guardian on the coins you are trading — inside Sonarcast.