A Canton (CC) challenges the trend of the cryptocurrency sector with a strong rise 📈. The price of the CC/USDT pair is undergoing a correction phase after the initial rise, but maintains an upward trend.
*Technical Analysis:*
- The price is retreating towards relevant technical zones, including the 50% retracement at $0.1177
- The 100-period EMA is consolidating as dynamic support
- The RSI (14) is oscillating around 50 points, reflecting a loss of momentum
*Levels to Monitor:*
- Support: $0.1177 (50% retracement) and $0.0947
- Resistance: $0.1439 (previous high)
$CC