Keeps failing at the $3.10+ level..

Other tech analyst in on this stock - ASX:CAN? Can someone please enlighten me on why it keeps failing at the $3.10+ level? Doesn't seem to make sense. looked like it was about to pop but then it just fails at that level.

Fundamentally nothing has changed in fact threes been some good news from the company today i.e. it's been progressing well. Future discounted Cashflow valuation still says this company is fair value at $5.25
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