$CAP reacted well after taking liquidity.
The 1h/4h context still favors sellers, and volume is backing the move.
I would rather see price reject around $0.04552–$0.04585 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.04613.
Would you trade this short setup now, or wait for a cleaner reaction?
#CAP #Trading
Trade plan: SHORT
Entry: $0.04552 - $0.04585
SL: $0.04613
TP1: $0.04531
TP2: $0.04366
TP3: $0.0428
The 1h/4h context still favors sellers, and volume is backing the move.
I would rather see price reject around $0.04552–$0.04585 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.04613.
Would you trade this short setup now, or wait for a cleaner reaction?
#CAP #Trading
Trade plan: SHORT
Entry: $0.04552 - $0.04585
SL: $0.04613
TP1: $0.04531
TP2: $0.04366
TP3: $0.0428
