Here is a detailed analysis of
$CAKE /USDT Perpetual
š CAKE/USDT Overview
Metric Value
Last Price $2.7506 š»
INR Equivalent ā¹783.92 (-0.85%) š½
Mark Price $2.7492
24h High $2.7915 š
24h Low $2.6061 š
24h Vol (CAKE) 15.83M šŖ
24h Vol (USDT) $42.44M šµ
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š Technical Indicators
š§ Indicator š Value
Current Volume 212,661
MA (5) 166,139 š
MA (10) 108,150 š
ā
Price is above both MAs, indicating short-term strength, but RSI or MACD would be useful to confirm this.
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š Support & Resistance
š¢ Support Levels
$2.7058 ā Initial cushion š
$2.6503 ā Stronger base
$2.6061 ā 24h Low (critical)
š“ Resistance Levels
$2.7551 ā Immediate test
$2.7615 ā Key rejection zone
$2.7915 ā 24h High
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š® Market Sentiment & Trend
Short-term Trend: Neutral to mildly bullish
Recent Bounce: From $2.60 support zone, reclaiming $2.70+
Price staying above $2.74 strengthens case for bullish continuation
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š” Trade Ideas
š Bullish Setup (Breakout Attempt):
Entry: $2.74ā$2.75
Target: $2.78ā$2.80
Stop Loss: Below $2.705
š» Bearish Setup (If rejection at resistance):
Entry: $2.76ā$2.78
Target: $2.70ā$2.65
Stop Loss: Above $2.80
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ā ļø Watch For
Break above $2.79 = potential trend breakout
Drop below $2.60 = strong bearish shift
Volume spike will confirm directionāwatch closely.
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Would you like a chart with Bollinger Bands, RSI, and trendlines for deeper insights? š
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