$CAP dipped and everyone sold in panic. I think that was a mistake ๐
Up 17% in 24h, the pullback after 0.09592 scared weak hands out right at support.
It dipped through 0.08761, cleared the stops below and CAP is holding around that level now. Sellers had their shot and couldn't push it any further.
0.09592 is still sitting there waiting. If 0.08761 keeps holding, I expect a move back up to it.
๐ My $CAP trade: long from 0.08656, stop at 0.08188, target 0.09592 (+10.8%, 1:2)
๐ 24h Vol: $63.0M | 24h Chg: +16.7% | Funding: +0.0553%
Higher from here or am I dreaming? ๐
Follow for daily chart breakdowns ๐
My opinion only. Not financial advice, do your own research.
#CAP #Crypto #Trading
Up 17% in 24h, the pullback after 0.09592 scared weak hands out right at support.
It dipped through 0.08761, cleared the stops below and CAP is holding around that level now. Sellers had their shot and couldn't push it any further.
0.09592 is still sitting there waiting. If 0.08761 keeps holding, I expect a move back up to it.
๐ My $CAP trade: long from 0.08656, stop at 0.08188, target 0.09592 (+10.8%, 1:2)
๐ 24h Vol: $63.0M | 24h Chg: +16.7% | Funding: +0.0553%
Higher from here or am I dreaming? ๐
Follow for daily chart breakdowns ๐
My opinion only. Not financial advice, do your own research.
#CAP #Crypto #Trading
