I've been watching $CAP since Sunday's breakout — and $0.117 just answered my question in the loudest way possible.
On Sunday I asked which breaks first: $0.070 support or $0.0877 resistance. Resistance broke first, and then some: $CAP ran to $0.117 on Monday. Then, in a single day, it gave the whole move back — one candle sliced to $0.071, back to the edge of the old base, before an 8.3-million-token candle lifted it back near $0.10.
That round-trip keeps me honest about this one. A breakout that retraces everything in a day isn't strength confirmed — it's a market that hasn't decided yet. And I still haven't found a verified catalyst behind any of it.
What changes my mind is a 4-hour close under $0.071 — then $0.064 is the next floor I can point to. Above it, $0.117 is the ceiling to reclaim. Small-cap, thin-liquidity token — moves like this cut both ways.
Were you still holding through the round-trip, or did the $0.117 top get you out?
Not financial advice. Do your own research.
$CAP #CryptoTrading #CAP #DeFi #Volatility
On Sunday I asked which breaks first: $0.070 support or $0.0877 resistance. Resistance broke first, and then some: $CAP ran to $0.117 on Monday. Then, in a single day, it gave the whole move back — one candle sliced to $0.071, back to the edge of the old base, before an 8.3-million-token candle lifted it back near $0.10.
That round-trip keeps me honest about this one. A breakout that retraces everything in a day isn't strength confirmed — it's a market that hasn't decided yet. And I still haven't found a verified catalyst behind any of it.
What changes my mind is a 4-hour close under $0.071 — then $0.064 is the next floor I can point to. Above it, $0.117 is the ceiling to reclaim. Small-cap, thin-liquidity token — moves like this cut both ways.
Were you still holding through the round-trip, or did the $0.117 top get you out?
Not financial advice. Do your own research.
$CAP #CryptoTrading #CAP #DeFi #Volatility
