$CAP is holding its breakout well and buyers are still defending higher levels. A clean retest of support can trigger another move higher if volume stays strong.

EP: 0.0308–0.0314

TP: 0.0335 / 0.0355 / 0.0375

SL: 0.0295

$CAP #cap

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

$CAP #cap

📈 **Market Watch: $CAP**

$CAP is currently retesting a key trendline support area, a level that traders often watch to assess the strength of the prevailing market structure.

The current price reaction may offer valuable insight into whether buyers can maintain momentum or if the market enters another phase of consolidation. Trading volume and follow-through will be important factors in evaluating the sustainability of any move from this level.

As always, staying patient and waiting for confirmation can help provide a clearer view of market direction.

#CAP #White House crypto meeting #MarketWatch #TechnicalAnalysis #DYOR $CAP