$CAP made a sharp breakout from the 0.045 area and pushed all the way to 0.07150. Now the momentum is cooling, with several red candles pulling price back toward 0.061.
The move is still strong overall, but this is where I’d watch the reaction carefully. If buyers step back in, the trend can regain momentum; if selling continues, the pullback could deepen. I wouldn’t chase this after a +33% move.
The move is still strong overall, but this is where I’d watch the reaction carefully. If buyers step back in, the trend can regain momentum; if selling continues, the pullback could deepen. I wouldn’t chase this after a +33% move.