Something weird happening with $CAP đ
If we see the chart it shows some brutal spike and heavy sell off in sudden moment, and it keep stay strong after all.
In previously price rise to above $0.1 hitting a new all time high followed by instant sell off and price fall to near $0.07 area then again reach to near $0.09 area proves it clear all the late longs and again trapping new long and eventually it fall later. we saw same pattern with $BTW it just keep rise and fall almost 4 time in a row. So I'm feeling a short position in current price might be good, even price rise a little high it will fall again in my opinion, but the macro cap with small circulating supply really scaring for nowđ«„.
If we see the chart it shows some brutal spike and heavy sell off in sudden moment, and it keep stay strong after all.
In previously price rise to above $0.1 hitting a new all time high followed by instant sell off and price fall to near $0.07 area then again reach to near $0.09 area proves it clear all the late longs and again trapping new long and eventually it fall later. we saw same pattern with $BTW it just keep rise and fall almost 4 time in a row. So I'm feeling a short position in current price might be good, even price rise a little high it will fall again in my opinion, but the macro cap with small circulating supply really scaring for nowđ«„.