$CAKE - price analysis;
Very nautral on the weekly basis, likely a long term accumulation phase.
Looks bearish to me here 📉
Key resistance & possible bear test: 3.050$
Without bull reaction we could see another dump to visit lower support zone:
2.550 - 2.320 - 2.00$ 🎯
Sideway phase weekly, but Bearish bias under 3.050$.
