CAN today? Still getting dragged down by BTC's weight, but honestly holding its ground better than expected.
Dropped below the 10-day EMA earlier—yeah, that stung a bit. Then something interesting happened: bounced right off that $0.90 support level and managed to close above the 200-day SMA. Not bad for a rough day. Volume ticked up during the bounce too, which caught my eye.
Right now CAN's just sitting tight, coiling up like a spring. The whole setup looks constrained by Bitcoin's movements—can't really break free until BTC decides what it wants to do. Classic crypto correlation playing out here.
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SchrodingersPaper
· 12-03 14:45
That rebound at 0.90 was truly incredible, I almost went bankrupt. Now I'm just waiting for BTC to go crazy and save me.
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LidoStakeAddict
· 12-02 07:55
Hey, the 0.90 rebound is not bad, just afraid BTC will pull some tricks again.
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GateUser-a5fa8bd0
· 12-02 07:53
0.90 this support level has been firmly held, there is still something to it
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Another day being led by BTC, honestly it's annoying
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Trading volume is picking up, looking forward to this rebound
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A spring board will eventually loosen after a long time, just waiting for BTC to make a move
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Holding above the 200 daily chart is like a lifeline, continue to hold
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This rebound has given a bit of hope, please don't fall again
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This guy CAN is so resilient, but it mainly depends on BTC's mood
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It really hurt when it broke below the EMA, luckily I didn't play people for suckers
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HorizonHunter
· 12-02 07:50
The support level at 0.90 really saved me; otherwise, I would have been in trouble today.
With btc not moving, we small coins have to lie down obediently, it's so annoying.
The increase in Trading Volume is a signal, right? It feels like it's gathering strength.
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MidnightMEVeater
· 12-02 07:48
0.90 support is holding firmly, this is the place to watch, BTC's father isn't letting go, so we shouldn't mess around either.
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OPsychology
· 12-02 07:38
0.90 support has held up well, just waiting to see when BTC will give in.
I'm relieved that the Trading Volume has picked up; otherwise, it always feels a bit unreal.
Wait, wait, wait, when can we break away from BTC? It's really annoying.
Hold on, hold on, the Rebound signs are already showing, don't be soft-handed.
The tighter this spring is pulled back, the stronger the Rebound will be later; that’s the logic.
If the 200 daily chart holds, it indicates an issue, much better than a big dump like yesterday.
CAN is still in the position in my heart, but it’s been hijacked by BTC.
Don't let this critical point of 0.90 break again; if it does, I will really cry.
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MEVHunterWang
· 12-02 07:26
Huh? A 0.90 rebound can still stand above the 200 daily chart, this technique is something else
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Gotta look at BTC's face again, so annoying, what era is this still relying on the big brother
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Only dare to speak when the Trading Volume comes up, don't look at the virtual
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Hold? I see you really have no choice haha
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If the spring is too tight, it will loosen sooner or later, the key is when
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The moment it broke the EMA, I knew something was going to happen today
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If the support level holds, I'll be at ease, otherwise I would have sold early
CAN today? Still getting dragged down by BTC's weight, but honestly holding its ground better than expected.
Dropped below the 10-day EMA earlier—yeah, that stung a bit. Then something interesting happened: bounced right off that $0.90 support level and managed to close above the 200-day SMA. Not bad for a rough day. Volume ticked up during the bounce too, which caught my eye.
Right now CAN's just sitting tight, coiling up like a spring. The whole setup looks constrained by Bitcoin's movements—can't really break free until BTC decides what it wants to do. Classic crypto correlation playing out here.