$CAP is up +17% and everyone's piling in late. I'm looking the other way 👇
Price ran 29% in 3 days and suddenly everyone's talking about it. I'm not chasing this move.
Look at what happened around 0.112: CAP got through by just 6.3%, tagged 0.119 and fell back. Everyone who bought that breakout is sitting on a loss now.
My eyes are on 0.097, the low of the earlier pullback. A lot $CAP of stops are sitting there and price hasn't tested it yet. Above 0.119 I'm out of this idea.
📌 My CAP trade: short from 0.11504, stop at 0.12406, target 0.097 (+15.7%, 1:2)
📊 24h Vol: $23.0M | 24h Chg: +16.6% | Funding: +0.0269%
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#CAP #Crypto #Trading
Price ran 29% in 3 days and suddenly everyone's talking about it. I'm not chasing this move.
Look at what happened around 0.112: CAP got through by just 6.3%, tagged 0.119 and fell back. Everyone who bought that breakout is sitting on a loss now.
My eyes are on 0.097, the low of the earlier pullback. A lot $CAP of stops are sitting there and price hasn't tested it yet. Above 0.119 I'm out of this idea.
📌 My CAP trade: short from 0.11504, stop at 0.12406, target 0.097 (+15.7%, 1:2)
📊 24h Vol: $23.0M | 24h Chg: +16.6% | Funding: +0.0269%
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#CAP #Crypto #Trading
