🔍 $CAP: Daily Breakout With a Long Upper Wick
CAP is up about 30% in 24h and 60% over 7 days, trading near $0.1098 on over $260M in volume, after a high of $0.1174 on the daily chart. The long upper wick shows sellers stepped in near $0.117. I want a daily close above $0.1174 before calling continuation, while a drop back below $0.1000 would put this breakout in doubt.
Does $CAP hold above $0.10, or is this move already stretched?
⚠ CAP is up about 368% over 90 days, so sharp pullbacks are common. Not financial advice.
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