$CAP Recovery is underway ... 0.071 is the next decision zone
CAP bounced strongly from the 0.063–0.064 demand zone, and momentum is improving on the 1-hour chart.
Current price: ~0.070
Immediate resistance: 0.0708–0.0715
Next price: 0.0730
Extended target: 0.0770–0.0780
Key support: 0.0660–0.0640
The rebound looks healthy, but the price is now approaching its first real resistance. A clear break above 0.0715 could open the way for another upward move toward 0.077+.
If the price is rejected here, a retest of the 0.066–0.064 zone before the next move would be normal.
Trade via $CAP
CAP bounced strongly from the 0.063–0.064 demand zone, and momentum is improving on the 1-hour chart.
Current price: ~0.070
Immediate resistance: 0.0708–0.0715
Next price: 0.0730
Extended target: 0.0770–0.0780
Key support: 0.0660–0.0640
The rebound looks healthy, but the price is now approaching its first real resistance. A clear break above 0.0715 could open the way for another upward move toward 0.077+.
If the price is rejected here, a retest of the 0.066–0.064 zone before the next move would be normal.
Trade via $CAP
