$CC Canton | The Dead Cat Bounce (Risky) 🔴 SHORT
• 🔴 Entry: $0.0765 – $0.0775 (Rejecting the high)
• 🎯 T1: $0.0680
• 🎯 T2: $0.0620
• ❌ SL: > $0.0810
CCUSDT
Perp
0.07274
+16.94%
Why:
Be careful with $CC . Despite being up +19% today, look at the Last 30 Days sparkline it is a steep downtrend. This move looks like a classic Relief Rally or "Dead Cat Bounce" into resistance. The 7 day chart shows a massive crash followed by this recovery. Usually, bag holders from higher levels will use this pump to exit (sell pressure). If price stalls at the 24h high ($0.07720) and shows weakness, it is a high-probability short targeting the recent lows.