Post
Bullish
🔥 $CAP surging +22% Is Cap pulling off a sharp V-shaped recovery? Here is my trade setup.

Cap (CAP/USDT Perp) experienced an explosive parabolic expansion to a local high of 0.07137 before facing heavy profit-taking. Price pulled back sharply to form a lower wick around the 0.05158 area (retesting MA30 support) and is now consolidating between MA5 (0.05789) and MA10 (0.05996). The ability to defend above the 0.05000 floor after a blow-off spike signals that buyers are still active, setting up a potential secondary continuation bounce if 0.06000 is reclaimed.

Pair: $CAP /USDT

BUY ZONE / ENTRY:

Entry Range: 0.05400 - 0.05800

TARGETS:

TP 1: 0.06250

TP 2: 0.06800

TP 3: 0.07400

STOP LOSS:

SL: 0.04950

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$CAP
cap
CAPUSDT
Perp
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+23.72%
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CAPCAP+23.72%


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LightningTraveller
22 minutes ago
Followed, opened a starter position around 0.056.
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IPOnewbie
22 minutes ago
The stop-loss at 0.0495 was set a bit too tight—it got swept by a single wick.
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StarknetStar
22 minutes ago
First Review
MA30 holding is indeed interesting, but selling pressure around 0.06 is substantial. I’ll wait and see for now, and revisit it once it establishes a firm foothold.
0View Original