# 🚨
$CAKE /USDT BEARISH ALERT 🚨
**Current Price: $1.988** 📉 **-4.33%**
💥 **MARKET SNAPSHOT:**
- 24h High: $2.110
- 24h Low: $1.965
- Volume: 5.79M CAKE | 11.71M USDT
📊 **TECHNICAL ANALYSIS:**
⚠️ DANGER ZONE! Price trading BELOW all moving averages:
- MA(7): $1.985
- MA(25): $1.995
- MA(99): $2.026
All MAs pointing DOWN = Strong bearish momentum! 🐻
🎯 **PRICE ACTION:**
Sharp rejection from $2.016 resistance! Price dropped to $1.977 support and now attempting weak bounce. Volume spike at $35K shows panic selling earlier!
📈 **PERFORMANCE CHECK:**
✅ Today: +1.02%
✅ 7 Days: +6.88%
❌ 30 Days: -12.62%
❌ 90 Days: -52.97% 😱
❌ 180 Days: -17.48%
❌ 1 Year: -28.21%
🔥 **CRITICAL SITUATION:**
PancakeSwap's native token showing weakness! All moving averages acting as resistance. Bears in control with price struggling to reclaim $2.00 psychological level.
**Key Levels:**
🔺 Resistance: $1.995 → $2.016 → $2.026 → $2.110
🔻 Support: $1.977 → $1.965
📊 Order Book: 61.65% BUY vs 38.35% SELL - Bulls trying to defend but facing heavy resistance!
⚠️ **WATCH OUT:**
- Failed to hold above $2.00
- All MAs bearish alignment
- 90-day performance down -52.97%!
- Next support at $1.965 critical!
💭 Will CAKE bounce or dump further? Drop your predictions! 👇
🔔 Set alerts for $1.965 breakdown or $2.00 reclaim!
*Not financial advice. DYOR.*
#CAKE #PancakeSwapv4 #DEFİ #BearishAlert #CryptoTrading #Binance