$CAP ran +30% and this is what the structure shows right now 👇
Price ran 46% in 3 days and suddenly everyone's talking about it. I'm not chasing this move.
It pushed above 0.09592 for a moment, got sold hard from 0.09698 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.
The spot I care about is 0.08565. That's where the last dip $CAP bottomed (it retraced 35% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.09698 though, I'm wrong.
📌 My CAP trade: short from 0.09595, stop at 0.1011, target 0.08565 (+10.7%, 1:2)
📊 24h Vol: $78.5M | 24h Chg: +30.4% | Funding: +0.0713%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#CAP #Crypto #Trade
Price ran 46% in 3 days and suddenly everyone's talking about it. I'm not chasing this move.
It pushed above 0.09592 for a moment, got sold hard from 0.09698 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.
The spot I care about is 0.08565. That's where the last dip $CAP bottomed (it retraced 35% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.09698 though, I'm wrong.
📌 My CAP trade: short from 0.09595, stop at 0.1011, target 0.08565 (+10.7%, 1:2)
📊 24h Vol: $78.5M | 24h Chg: +30.4% | Funding: +0.0713%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#CAP #Crypto #Trade
