Breaking below the previous low should have accelerated the downward move, but CAP stubbornly held sideways between 0.071 and 0.073.

The 1-hour breakdown not only failed to trigger panic selling—the price action instead tightened up completely within this extremely narrow range. Even the breakdown couldn’t generate a meaningful follow-through selloff, suggesting that actual selling pressure below has been quietly absorbed.

Price broke through support but couldn’t fall much further. If that’s all the bears can manage, an upward rebound could start at any moment.
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