$CAP — LONG SETUP | Can This Rally Continue?
According to the 1D chart you shared, CAP has made a strong bullish move from around $0.015 → $0.079, followed by a pullback to the current ~$0.066 area. The structure is still interesting for a continuation trade.
Entry:
Current Market Price: ~$0.066
🎯 Targets
TP1: $0.072
TP2: $0.0795 — previous resistance/high
TP3: $0.090
TP4: $0.100
Stop Loss: $0.054
Why This Setup?
• Strong bullish structure: Price is still trading above the MA(7) shown on your chart (~$0.0581) and well above MA(25) (~$0.0373).
• Pullback after a major rally: Instead of chasing the $0.079 high, the current pullback gives traders a more controlled area to watch for continuation.
• Previous high = key breakout level: A daily close above $0.0795 could open the way toward $0.09–$0.10.
But don't ignore the risk: CAP has already moved aggressively, so volatility is high. A break below $0.054 would weaken this bullish setup significantly.
My view: I'm watching $0.054–$0.066 as the important zone. If buyers defend it and CAP reclaims $0.072, the previous high around $0.0795 becomes the next major test.
CAP has also been seeing strong recent market activity; Binance Alpha remains a highly active segment of the crypto market.
Not financial advice — always manage risk. DYOR.
According to the 1D chart you shared, CAP has made a strong bullish move from around $0.015 → $0.079, followed by a pullback to the current ~$0.066 area. The structure is still interesting for a continuation trade.
Entry:
Current Market Price: ~$0.066
🎯 Targets
TP1: $0.072
TP2: $0.0795 — previous resistance/high
TP3: $0.090
TP4: $0.100
Stop Loss: $0.054
Why This Setup?
• Strong bullish structure: Price is still trading above the MA(7) shown on your chart (~$0.0581) and well above MA(25) (~$0.0373).
• Pullback after a major rally: Instead of chasing the $0.079 high, the current pullback gives traders a more controlled area to watch for continuation.
• Previous high = key breakout level: A daily close above $0.0795 could open the way toward $0.09–$0.10.
But don't ignore the risk: CAP has already moved aggressively, so volatility is high. A break below $0.054 would weaken this bullish setup significantly.
My view: I'm watching $0.054–$0.066 as the important zone. If buyers defend it and CAP reclaims $0.072, the previous high around $0.0795 becomes the next major test.
CAP has also been seeing strong recent market activity; Binance Alpha remains a highly active segment of the crypto market.
Not financial advice — always manage risk. DYOR.