CAP’s price is hovering just above the recent swing high, and the market’s itching for a move down. Looks like the bulls are losing steam.
🔴 $CAP SHORT 📉
Entry $0.107103-$0.107317 | SL $0.110426 (-3.0%) | TP1 $0.105602 (+1.5%) | TP2 $0.101849 (+5.0%) | R/R 1:1.7 | Conf 64%
We got a CHoCH break on the 1‑hour, a fresh FVG right under the last rally, and an OB that lines up with the gap – classic POI confluence. The structure is now lower‑high, lower‑low, so the downside bias feels solid.
A 3.0% stop is pretty tight, so keep leverage around 2‑3× to stay safe.
Take half profit around the first target when price hits the next minor resistance.
Not financial advice — always manage your own risk 🙏
$CAP #CAPUSDT #THORChain #TradingSignals #Write2Earn
🔴 $CAP SHORT 📉
Entry $0.107103-$0.107317 | SL $0.110426 (-3.0%) | TP1 $0.105602 (+1.5%) | TP2 $0.101849 (+5.0%) | R/R 1:1.7 | Conf 64%
We got a CHoCH break on the 1‑hour, a fresh FVG right under the last rally, and an OB that lines up with the gap – classic POI confluence. The structure is now lower‑high, lower‑low, so the downside bias feels solid.
A 3.0% stop is pretty tight, so keep leverage around 2‑3× to stay safe.
Take half profit around the first target when price hits the next minor resistance.
Not financial advice — always manage your own risk 🙏
$CAP #CAPUSDT #THORChain #TradingSignals #Write2Earn