$CAP — Possible Reversal Watch
CAP had a long liquidation around $0.07464.
For me, the main area to watch is $0.0730–$0.0755.
If sellers push price into this region but fail to continue lower, that could be the first sign that buyers are starting to absorb the pressure.
Then I’d want to see a reclaim before considering the long.
Possible targets:
🎯 TG1: $0.0780
🎯 TG2: $0.0820
🎯 TG3: $0.0880
If CAP breaks below approximately $0.0705 and continues accepting lower prices, I wouldn’t force the setup.
Sometimes the best trade is simply no trade.
#BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls #FedOctoberHoldOdds82.3% #DriftHackVictimsBeginClaims $CAP
CAP had a long liquidation around $0.07464.
For me, the main area to watch is $0.0730–$0.0755.
If sellers push price into this region but fail to continue lower, that could be the first sign that buyers are starting to absorb the pressure.
Then I’d want to see a reclaim before considering the long.
Possible targets:
🎯 TG1: $0.0780
🎯 TG2: $0.0820
🎯 TG3: $0.0880
If CAP breaks below approximately $0.0705 and continues accepting lower prices, I wouldn’t force the setup.
Sometimes the best trade is simply no trade.
#BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls #FedOctoberHoldOdds82.3% #DriftHackVictimsBeginClaims $CAP
