Canton is approaching a crucial support zone between $0.123 and $0.120, following a 5.35% decline to $0.1243. The cryptocurrency has broken below a rising wedge pattern, indicating increased bearish control as sellers push for lower highs. Open Interest has risen by 4.43% to $25.46 million, with intensified long liquidations highlighting strong short-side momentum. Additionally, a $385,000 exchange outflow has been noted, reducing liquidity and heightening the potential for sharp price movements.