The $CAP pair is trading at 0.07295, down 17.26% over the past 24 hours, with the price holding near the MA(7) line at 0.07208 after a sharp drop toward the support low at 0.07079.
🔻 Direction: Short $CAP
* Entry range: $0.07200 – $0.07500
* SL: $0.07900
* TP 1: $0.06700
* TP 2: $0.06200
* TP 3: $0.05700
Price action shows intense selling pressure after breaking below previous consolidation levels, with the price clearly below the key moving averages, including MA(25) at 0.07525 and MA(99) at 0.07800. Weak recovery attempts and seller dominance support the continuation of the downtrend as long as nearby resistance around 0.07600 holds.
🔻 Direction: Short $CAP
* Entry range: $0.07200 – $0.07500
* SL: $0.07900
* TP 1: $0.06700
* TP 2: $0.06200
* TP 3: $0.05700
Price action shows intense selling pressure after breaking below previous consolidation levels, with the price clearly below the key moving averages, including MA(25) at 0.07525 and MA(99) at 0.07800. Weak recovery attempts and seller dominance support the continuation of the downtrend as long as nearby resistance around 0.07600 holds.
