$CAKE is currently trading around $2.269, showing a slight -2.53% decline in the last 24 hours.
The price recently bounced from the $2.201 support zone but is still struggling to break above short-term moving averages.
🔍 Key Levels
• 24h High: $2.328
• 24h Low: $2.246
• MA(7): 2.276
• MA(25): 2.345
• MA(99): 2.324
📉 Trend Outlook
CAKE remains in a short-term bearish trend as the price is trading below the MA(25) and MA(99). Bulls need to push the price above $2.32 to confirm recovery.
If the support at $2.20 holds, we may see a potential bounce.
What to Watch
•Breakout above $2.32 = bullish momentum
• Drop below $2.20 = further downside risk
• Volume is decreasing — expect a volatility move soon
#Cake #Binance #CryptoAnalysis #CAKEUSDT #CryptoMarket $XRP
XRP
2.0855
+1.32%
CAKE
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