CAP sits near 2.18, 1.2% below the recent swing low, eyeing the next resistance at 2.30. Volume is thinning as the market eyes the 1.7% upside target.
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๐ด
$CAP SHORT ๐
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๐ Entry Range: $0.049720 โ $0.049820
๐ Stop Loss: $0.051263 (-3.0%)
๐ฏ TP1: $0.049023 (+1.5%)
๐ TP2: $0.047281 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 64%
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A CHoCH broke the prior swing high, confirmed by a bullish CVD spike. The FVG from the last pullback aligns with an OB at 2.15, creating a POI where the OB and FVG overlap, and a liquidity sweep cleared weak orders below 2.10.
The 3.0% stop is relatively tight, so 5โ10ร leverage is advisable.
Take half profit around the 2.25 TP1 level.
DYOR โ this isn't financial advice, size your risk accordingly ๐
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