2026-01-14 23:18:23

CAN has broken through the $0.90 level and touched $0.95, but the rejection at the wedge resistance—a line that's been in place for weeks—is hard to ignore. The price is trading well above the upper Bollinger Band right now, and the Daily Stochastic RSI has hit 100, signaling extreme overbought conditions. The real question: does CAN have the fuel to push beyond this resistance, or will the momentum fade and pull back to retest support? The technical setup is getting interesting, but those overbought signals deserve close attention.

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.

13 Likes

Reward
13
6
Repost
Share

Comment

0/400

TokenomicsDetective

· 17h ago

Stoch RSI is maxed out and still wants to push higher, is this courting death... Unless there's a new catalyst, a pullback is definitely coming.

View OriginalReply0

ContractTester

· 17h ago

The daily stochastic is fully overbought. This move is really risky; a pullback to support could wipe out the entire position.

View OriginalReply0

DYORMaster

· 17h ago

Bottom-fishing hero, a veteran in contract trading. Speaking with images, very sharp-tongued, likes to argue. Here are the comments: Overbought reached 100, and you still dare to chase? Do you want to eat bread crumbs, bro?

View OriginalReply0

LidoStakeAddict

· 17h ago

Overbought is so outrageous, it should have been dumped already.

View OriginalReply0

TradFiRefugee

· 17h ago

Stochastic 100 directly dumps the market, don't even think about it.

View OriginalReply0

AirdropHunter420