CAP is hugging the 20โday EMA, squeezed between a descending trendline and a recent swing high.
๐ด $CAP SHORT ๐
Entry $0.090290-$0.090470 | SL $0.093091 (-3.0%) | TP1 $0.089024 (+1.5%) | TP2 $0.085861 (+5.0%) | R/R 1:1.7 | Conf 64%
The price broke a higher low (CHoCH) and volume surged (CVD) confirming bearish pressure; a fair value gap aligns with an order block, creating a POI where the OB and FVG overlap, sharpening the short bias.
A 3.0% stop is relatively tight, so keep leverage around 5โ6ร to protect margin.
Consider taking half profit at TP1, roughly a 1.7โฏR payoff.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$CAP #CAPUSDT #THORChain #TradingSignals #Write2Earn
๐ด $CAP SHORT ๐
Entry $0.090290-$0.090470 | SL $0.093091 (-3.0%) | TP1 $0.089024 (+1.5%) | TP2 $0.085861 (+5.0%) | R/R 1:1.7 | Conf 64%
The price broke a higher low (CHoCH) and volume surged (CVD) confirming bearish pressure; a fair value gap aligns with an order block, creating a POI where the OB and FVG overlap, sharpening the short bias.
A 3.0% stop is relatively tight, so keep leverage around 5โ6ร to protect margin.
Consider taking half profit at TP1, roughly a 1.7โฏR payoff.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$CAP #CAPUSDT #THORChain #TradingSignals #Write2Earn