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Entry: 0.08180 – 0.08250
TP1: 0.08400
TP2: 0.08530
Final Target: 0.08700 – 0.08760
SL: 0.08080
CAP has made a strong move up, gaining over 19% in the last 24 hours. Price pushed to 0.08767 before sellers stepped in and triggered a sharp pullback. The long lower wick shows that buyers reacted near the lows, but they still need to prove they can hold the recovery.
As long as 0.08180 support holds, CAP could attempt another move toward 0.08400–0.08530. Selling pressure is still present after the rejection near the daily high, so a clean break above 0.08400 would be an early sign that buyers are gaining strength again. A move above 0.08530 could open the door for a retest of 0.08700–0.08760.
Use a stop loss. Don't chase the bounce.
Trade on $CAP