#CKP Cakepie

Current Price: $0.57586 (up +29.89%)

Recent Low: $0.26906

Previous High: $4.55234 (likely a wick or pump event)

Liquidity: $45,795.15 — low liquidity, so price is sensitive to buy/sell volume

Market Cap: $1.77M

FDV: $5.76M

Holders: 9,323

2. Moving Averages (MA):

MA(7): 0.44225 (short-term bullish breakout above this)

MA(25): 0.46496 (broken upward — positive signal)

MA(99): 0.48767 (recently broken — another bullish signal)

Interpretation: Price has broken above all key MAs bullish crossover in short term.

3. Volume Analysis:

Volume spike near the breakout to $0.575 indicates strong buyer interest.

Previous volume spike on May 16 caused a massive wick up to $4.55 — likely a manipulated or low-liquidity pump.

4. Support and Resistance Levels:

Support Zones:

$0.44 - $0.46: Prior resistance, now turned support (MA 7 & 25)

$0.26 - $0.27: Recent bottom

Resistance Zones:

$0.60 - $0.62: Psychological barrier, round number zone

$1.00: Strong psychological resistance

$1.90 - $2.00: Next major level if breakout sustains

$4.55: Very unlikely to retest soon unless major news drops

5. Alpha & Price Prediction:

Short-Term (1-3 days):

If volume sustains and breaks $0.60, expect a rally to $0.75 - $1.00

If rejected, retrace to $0.44

Mid-Term (1-2 weeks):

Consolidation between $0.44 - $0.70 is healthy

Bullish scenario: Breakout toward $1.20 with momentum

Bearish scenario: Break below $0.44 triggers decline to $0.26

6. Bullish Break Point:

$0.60: Break and close above this zone on strong volume will likely trigger a bullish continuation

Next bullish target: $0.75 → $0.95 → $1.20

7. Bearish Break Point:

$0.44: Loss of this support will shift momentum

Next bearish targets: $0.38 → $0.27 → $0.20 (stronger bearish trend)

Conclusion:

CKP looks like it’s in a potential breakout zone, but it’s highly speculative and volatile due to low liquidity and past pump activity. Set alerts for $0.60 (bullish) and $0.44 (bearish), and monitor volume and news.

Disclaimer: This is not financial advice. Always do your own research before Investing .