$CAP +15% in 24h. Is it just me or does this look like exhaustion at the top? 👇
Pumps like this 23% leg in 3 days always bring in late buyers right where risk is highest.
It pushed above 0.07706 for a moment, got sold hard from 0.08216 and CAP is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
My eyes are on 0.07264, the $CAP low of the earlier pullback. A lot of stops are sitting there and price hasn't tested it yet. Above 0.08216 I'm out of this idea.
📌 My CAP trade: short from 0.0799, stop at 0.08353, target 0.07264 (+9.1%, 1:2)
📊 24h Vol: $18.6M | 24h Chg: +14.6% | Funding: +0.0222%
Agree or disagree? Let me know 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#CAP #Analysis #Trading
Pumps like this 23% leg in 3 days always bring in late buyers right where risk is highest.
It pushed above 0.07706 for a moment, got sold hard from 0.08216 and CAP is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
My eyes are on 0.07264, the $CAP low of the earlier pullback. A lot of stops are sitting there and price hasn't tested it yet. Above 0.08216 I'm out of this idea.
📌 My CAP trade: short from 0.0799, stop at 0.08353, target 0.07264 (+9.1%, 1:2)
📊 24h Vol: $18.6M | 24h Chg: +14.6% | Funding: +0.0222%
Agree or disagree? Let me know 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#CAP #Analysis #Trading