$CAP Short lesson recap.
The short side was cleaner here because price rejected the entry band at 0.074699-0.075629 instead of reclaiming it. That rejection was the moment the idea stopped being a theory and became a confirmed reaction. Once the zone held as resistance, momentum shifted and price began expanding lower. RSI moved from around 50.0 near entry to around 34.25 as the trade developed, which supported the bearish read. TP1 confirmed the rejection, and TP2 at 0.06959 showed continuation. The stop loss at 0.079623 was not touched before TP2. TP3 remained the next planned target, not a completed result. This is how a momentum-shift short works: the entry zone proves itself, then the targets confirm whether the move has real follow-through.
The short side was cleaner here because price rejected the entry band at 0.074699-0.075629 instead of reclaiming it. That rejection was the moment the idea stopped being a theory and became a confirmed reaction. Once the zone held as resistance, momentum shifted and price began expanding lower. RSI moved from around 50.0 near entry to around 34.25 as the trade developed, which supported the bearish read. TP1 confirmed the rejection, and TP2 at 0.06959 showed continuation. The stop loss at 0.079623 was not touched before TP2. TP3 remained the next planned target, not a completed result. This is how a momentum-shift short works: the entry zone proves itself, then the targets confirm whether the move has real follow-through.
