$CAP Pullback & Liquidation Alert (-17.8%) ⚠️
Heavy liquidation cascade observed after key structure broke down.
📍 Key Technical Levels:
• Current Price: $0.07224
• 🟢 Support to Watch: $0.0797
• 🔴 Immediate Resistance: $0.0895
• 📊 24h Volume: $90.7M
Automated stop cascades into thin bid liquidity drove this drop. Wait for volume to settle and price to print a clear consolidation base before looking for entries.
Spot tape looks active, but keep an eye on futures delta for signs of exhaustion.
$CAP #BinanceSquare
Heavy liquidation cascade observed after key structure broke down.
📍 Key Technical Levels:
• Current Price: $0.07224
• 🟢 Support to Watch: $0.0797
• 🔴 Immediate Resistance: $0.0895
• 📊 24h Volume: $90.7M
Automated stop cascades into thin bid liquidity drove this drop. Wait for volume to settle and price to print a clear consolidation base before looking for entries.
Spot tape looks active, but keep an eye on futures delta for signs of exhaustion.
$CAP #BinanceSquare