Canton Crypto Sees Breakout Potential
Canton [CC] has seen an uptick in price over the past 24 hours, rallying 8.8% to reach $0.09.
This comes after a period of compression within a descending trendline resistance, according to trader Nehal on X.
The price had been stuck between $0.09 and $0.10, a key psychological round-number demand zone that also served as an important support level over the past six weeks.
A breakout from this range could lead to a 66% rally, according to Nehal's analysis.