$CAP is giving a cleaner structural signal than it was a few candles ago.
Volatility is active enough to matter, but the move is not extreme. I would let structure decide the trade rather than chase raw momentum.
The area around $0.04117 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Do you see the same structure on $CAP, or are you reading it differently?
#CAP #Trading
Trade plan: SHORT
Entry: $0.0575
SL: $0.07627
TP1: $0.03874
TP2: $0.01997
TP3: $0.00121
Volatility is active enough to matter, but the move is not extreme. I would let structure decide the trade rather than chase raw momentum.
The area around $0.04117 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Do you see the same structure on $CAP, or are you reading it differently?
#CAP #Trading
Trade plan: SHORT
Entry: $0.0575
SL: $0.07627
TP1: $0.03874
TP2: $0.01997
TP3: $0.00121
