$CAP broke above the 0.11 level, with the current price at 0.1145.
The round-number level itself has no special significance, but buy and sell orders, stop-losses, and psychological expectations tend to cluster around it, so the battle between bulls and bears is often intense.
The key is whether the price can hold 0.11 on a retest. If it does, resistance will turn into support. Will the market change direction next?
#CAP
The round-number level itself has no special significance, but buy and sell orders, stop-losses, and psychological expectations tend to cluster around it, so the battle between bulls and bears is often intense.
The key is whether the price can hold 0.11 on a retest. If it does, resistance will turn into support. Will the market change direction next?
#CAP