🚨 $CAP USDT: SELLING PRESSURE KICKS IN AFTER +25%! 📉
CAP saw a strong bullish surge, rising from 0.07260 USDT to a high of 0.10046 USDT.
But on the 1H chart, the rejection at the high and the latest red candles show buyers are losing steam. RSI(6) has fallen back to around 38, signaling growing selling pressure.
🔴 SHORT SCENARIO TO WATCH
- Entry zone: 0.0935–0.0950 USDT, after confirmation of the rejection
- TP1: 0.0896 USDT
- TP2: 0.0835 USDT
- TP3: 0.0773 USDT
- Stop-loss: 0.0975 USDT
CAP saw a strong bullish surge, rising from 0.07260 USDT to a high of 0.10046 USDT.
But on the 1H chart, the rejection at the high and the latest red candles show buyers are losing steam. RSI(6) has fallen back to around 38, signaling growing selling pressure.
🔴 SHORT SCENARIO TO WATCH
- Entry zone: 0.0935–0.0950 USDT, after confirmation of the rejection
- TP1: 0.0896 USDT
- TP2: 0.0835 USDT
- TP3: 0.0773 USDT
- Stop-loss: 0.0975 USDT
