$API3 Approaching 0.35 to go long!

OI surges by 28.9%, this isn’t something retail investors can cause; there are major players sweeping the market. Funding rate -0.4251%, shorts are losing 0.4% per hour, once this short squeeze structure kicks in, shorts can’t hold on.
Look at the long-short ratio, shorts account for 51.5%, retail investors are all shorting, but the price still rose by 6.9%, the big players are forcing a squeeze. Shorts are losing money every hour now, time is completely on the longs’ side, the longer they hold, the more they lose.
Stop loss at 0.312, first watch at 0.418, when half of the take profit is reached, aim for 0.45 for the rest. Don’t hold too large a position; this kind of short squeeze is volatile, try with a small position.
The logic is simple: shorts are losing money + OI surging = big players preparing to push the price up and harvest the shorts. If it’s wrong, just run; if the signal changes, close immediately.