$CAP : Buying now on an oversold rebound!
CAP is showing signs of exhaustion near the support level of 0.04259, with RSI(6) at 32.33 indicating a possible oversold bounce. A long scalping trade is viable here, as price is consolidating below the MA7, pointing to a mean reversion toward the resistance zone of 0.04520.
Entry: 0.04357 – 0.04470
Stop Loss: 0.04226
TP1: 0.04579
TP2: 0.04722
Click here to trade 👇
CAP is showing signs of exhaustion near the support level of 0.04259, with RSI(6) at 32.33 indicating a possible oversold bounce. A long scalping trade is viable here, as price is consolidating below the MA7, pointing to a mean reversion toward the resistance zone of 0.04520.
Entry: 0.04357 – 0.04470
Stop Loss: 0.04226
TP1: 0.04579
TP2: 0.04722
Click here to trade 👇