Alright, fam, checking in on $CAKE .
Looks like we've had a solid run here, pushing up nicely. We're currently sitting at 2.520, which is a good 5.22% up today.
Volume's been decent, picking up on these recent pushes.
We saw a clear rejection up at that 2.558 level, which was also today's 24h high. That's acting as immediate resistance right now.
On the flip side, previous resistance around the 2.430-2.450 area could now be flipping into support.
If we can consolidate around here and find some bids, we might see another attempt at breaking that 2.558 mark. If not, a retest of that flipped support zone is definitely on the cards. Keep an eye on that volume on any moves up or down.
Stay safe out there!