Canton ($CC) Jumps 6.63% to $0.115 as $400M in Shorts Get Liquidated
- —Price at $0.115, up 6.63% in 24 hours, volume 49% above the 30-day average
- —About $400 million in shorts liquidated; market cap added $135 billion
- —RSI at 56.4 and bullish MACD, but stochastic at 86.1 warns of overbought conditions
- —Resistance at $0.1163–0.1167, support at $0.1067; still 40.42% below the February 2026 ATH
Why it matters: Canton's rally is part of a market-wide short squeeze; without sustained volume, the move may fade quickly.
Source: DiarioBitcoin