Canton Coin’s 172% Breakout Setup Weakens as Volume and Flows Turn Negative

Beincrypto reports Canton Coin is slipping at a critical moment: the token is down 16% over the past seven days and roughly 22% below the all-time high set just a week ago, putting a widely watched bullish structure at risk.

On the 12-hour chart the asset has formed a cup-and-handle pattern whose measured move still points to a potential 172% upside if price can reclaim strength and clear the neckline. The pattern is fragile: Canton is trading just above the handle support and a sustained 12-hour close below $0.13 would weaken the structure. Social dominance has jumped from about 0.05% to roughly 0.56% since January 3, yet on-balance volume has trended lower since mid-November and Chaikin Money Flow dropped below zero on January 5, signaling net outflows even after a brief stabilization on January 7.

From a price perspective, Canton needs to hold above $0.13 to keep bullishness intact, with a move back above $0.15 as an initial sign of strength and a sustained push above $0.19 required to trigger the 172% breakout scenario. A loss of $0.13 followed by $0.11 would confirm the structure has weakened; for now the token is being supported by rising attention rather than by volume or capital, and unless buying participation and money flow improve soon the bullish setup risks giving way before it can play out.

Key Topics

Crypto, Canton Coin, On-balance Volume, Chaikin Money Flow, Social Dominance, Capital Flow