Markets· ★★· bearish·

Canton (CC) falls 5.63% to $0.09 amid risk-off after CLARITY Act failure

  • —RSI at 32.4 and stochastic at 5.6 — seller pressure near oversold territory
  • —Price is below all SMAs, including SMA-200 at $0.138
  • —Volume 28.99% below the 30-day average — decline on weak liquidity
  • —Nearest support is $0.0871 (0% Fibonacci level over 90 days)
Why it matters: CC amplifies the broad market decline driven by the CLARITY Act failure; there is no confirmed reversal, with $0.0871 the key level.
Source: DiarioBitcoin