CAP is attempting to reclaim the ascending trendline after a recent breakdown. Price is now approaching the key resistance zone.➤ Resistance: $0.07323
➤ Breakout confirmation: 8H close above $0.07323 + successful retest
➤ Supports: $0.04293 / $0.02533 / $0.01585
Chart View:
The broader structure remains constructive, but the breakdown has weakened short-term momentum. A confirmed reclaim could restore bullish continuation; rejection may send price back toward lower support.
Patience. Let price confirm the setup.
NFA. DYOR.
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Twitter: twitter.com/CryptoPatel
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Telegram: t.me/OfficialCryptoPatel
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.