The daily chart shows CC trading above its 0.786 Fibonacci level at $0.155, keeping the bullish structure intact after the ATH breakout. Price remains supported by an ascending trendline, while the RSI holds above 60, signalling sustained momentum rather than exhaustion. The Chaikin Money Flow at ~0.15 confirms positive capital inflows despite the minor pullback. As long as CC holds above the $0.155–$0.150 zone, the trend favours continuation toward higher Fibonacci extensions.
The Final Verdict
Technically, Canton remains in early-stage price discovery, supported by strong momentum indicators and positive money flow. However, a move to $0.50 by February 2026 would require a near-vertical expansion far beyond current Fibonacci extensions, which is unlikely without a major acceleration in volume and demand. A more realistic path would involve consolidation above $0.15, followed by a gradual push toward $0.23–$0.30. While the broader trend remains bullish, $0.50 appears ambitious in the near term without fresh catalysts.
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