The short liquidation around $0.02938 on $CAP shows that bearish positions were squeezed as buyers stepped in with conviction. The size of the liquidation suggests momentum has shifted in the short term, but I'm not interested in chasing the breakout. I'd rather see price hold above this level and continue building higher lows with solid buying volume before entering. If buyers maintain control, the chart has room to push toward the next resistance zones. If price loses support, I'll step aside and wait for a cleaner setup.
EP: $0.0292–$0.0295
TP: $0.0306 | $0.0319 | $0.0335
SL: $0.0283
