Here's a quick technical update for $CAKE

/USDT (Perp) 🍰💵:

📊 CAKEUSDT Snapshot

💰 Last Price: 2.7621 USDT

INR Price: ₹789.38

🔼 24h Change: +3.61%

📈 24h High: 2.8344

📉 24h Low: 2.6204

📍 Mark Price: 2.7601

🔁 24h Vol (CAKE): 18.82M

💵 24h Vol (USDT): 51.92M

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🔍 Support & Resistance

🔺 Resistance 💰 Current Price 🟢 Support

2.7980, 2.8344, 2.8451 2.7621 USDT 2.7039, 2.6568, 2.6204

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📈 Trend & Volume

📉 MA(5): 370.9K

📉 MA(10): 561.6K

🧯 Current Vol: 361.4K

➡️ Volume is slightly below MA → moderate interest, could test resistance soon.

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🎯 Trade Ideas

🟢 Bullish Setup (if breakout above 2.835)

Entry: 2.84+

TP1: 2.90

TP2: 3.00

SL: 2.70

🔴 Bearish Setup (if breakdown below 2.62)

Entry: 2.60-

TP1: 2.50

TP2: 2.40

SL: 2.77

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✅ Summary

⚖️ Bias: Mildly bullish

🔎 Focus on breakout above 2.835

📉 Volumes still not too strong — use tight SLs

#Cake #CAKEUSDT #StablecoinLaw #BinanceHODLerC #Write2Earn