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