A quick update: $CAP has fallen to a new 24-hour low of 0.07671. The previous low was 0.08207.
Whenever it hits a new low, people on the forum call for buying the dip. But in a weak market, new lows are often followed by even lower ones. I usually wait for the price to reclaim the previous low before considering a trade—I don’t try to guess the bottom.
Let’s keep an eye on what happens next.
Whenever it hits a new low, people on the forum call for buying the dip. But in a weak market, new lows are often followed by even lower ones. I usually wait for the price to reclaim the previous low before considering a trade—I don’t try to guess the bottom.
Let’s keep an eye on what happens next.