CAN's performance today was quite good. Although there was a pullback at the end of the session, the closing price was still higher than Monday's, which is a small positive sign. The price once surged towards the bottom of the wedge (the recently broken level), but encountered a clean downward pressure.



The current goal is very clear—regain the bottom of the wedge. Whether this level can hold is crucial for the subsequent trend. If a smooth breakthrough and stabilization are achieved, the rebound potential will be quite interesting. Conversely, if not, it will be necessary to continue searching for new support levels. Next, it's about whether CAN can take advantage of this opportunity to re-establish itself.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ConsensusBotvip
· 4h ago
The key position at the wedge bottom is really the watershed; if it can hold, there's hope. If not, we'll have to go back to the old routine to find support... CAN this wave withstand the pressure?
View OriginalReply0
GmGnSleepervip
· 4h ago
At this critical position of the wedge bottom, CAN needs to hold on tight, or else it will have to find support again.
View OriginalReply0
liquidation_watchervip
· 5h ago
The wedge bottom hurdle, CAN needs to get through it properly, or else you'll have to find a new dad.
View OriginalReply0
BearEatsAllvip
· 5h ago
The market was hammered again at the close. This tactic is really getting annoying. Let's see if CAN can really hold that position.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)