CAN keeps getting rejected around the $0.835 mark—third time's not the charm just yet. Silver lining though: the price managed to close above the 20-period EMA, which could signal some upside momentum building. Meanwhile, BTC is shaping up nicely from a technical perspective worth keeping tabs on.
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BTCWaveRider
· 21h ago
CAN is stuck at 0.835 again, three rejections are a bit annoying... but staying above the 20-period moving average is somewhat reassuring, maybe it's about to take off? Bitcoin is also gathering strength, waiting to see the show.
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MidnightMEVeater
· 21h ago
Rejected three times, that's really impressive. This is a classic liquidity trap... Wait, it even broke above the EMA? Alright, that hints at a possibility, but I bet the next time it will stumble again at 0.835.
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HalfIsEmpty
· 21h ago
CAN is stuck at 0.835 again, three consecutive rejections are expected, but holding the 20-day moving average still has some significance, giving people a bit of hope.
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FlatlineTrader
· 21h ago
CAN is stuck at 0.835 again, really can't hold on anymore haha. But the 20-period moving average has moved above, indicating there might still be hope? Anyway, I'm waiting to see how BTC moves, that's the key.
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DegenDreamer
· 21h ago
Stuck at 0.835 again, can I break through this time? I'm a bit doubtful.
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OldLeekNewSickle
· 21h ago
Being knocked down for the third time, the distribution of chips looks quite uncomfortable, but on the other hand, when the upper pressure can't be broken through, the lower support hasn't been broken. Just for reference.
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CrashHotline
· 21h ago
Getting stuck at 0.835 again, trying repeatedly is quite annoying... But the close above the 20-period moving average, maybe this guy still has a chance?
CAN keeps getting rejected around the $0.835 mark—third time's not the charm just yet. Silver lining though: the price managed to close above the 20-period EMA, which could signal some upside momentum building. Meanwhile, BTC is shaping up nicely from a technical perspective worth keeping tabs on.