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$CAP is showing an interesting recovery on the 15M chart.
Price is currently around $0.0673, up roughly 3.47%, after a sharp rejection that pushed price down to $0.0603.
What stands out:
• Strong bounce: Buyers stepped in aggressively around $0.0603–$0.0623
• Current zone: Price has recovered back above $0.0654
• Resistance: $0.0684 is the first important level to watch, followed by $0.0704
• Support: $0.0654 is the near-term level; below that, $0.0623 and $0.0603 become important
• Momentum: The recent green candles suggest buyers are attempting to regain short-term control
If $CAP can break and hold above $0.0684, the next move toward $0.0704 could become interesting.
But if price gets rejected and loses $0.0654, the recent bounce could weaken and a retest of lower support becomes possible.
The key now is confirmation, not chasing the move.
Always manage risk and do your own research before trading.
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