Canton [CC] has gained 4.57% in the past 24 hours and 7.2% over the past week, driven by the launch of the Canton Network ETF (TCAN) by 21Shares on Nasdaq. This ETF, announced on May 7, is the first to offer direct exposure to CC, sparking renewed interest in the altcoin. The recent price movement has seen Canton challenge a local resistance zone, with the token breaching the upper range limit of $0.158. Trading volume has surged, nearly doubling the 20-day moving average, indicating strong bullish momentum. However, the A/D indicator suggests some bearish pressure remains. Analysts note that a drop below $0.158 could signal a reversal, while current momentum might push CC to $0.170 and $0.177 in the near term.