$CAKE – BEARISH REVERSAL SIGNAL BELOW $2.87 RESISTANCE
• REJECTION AT $2.873 WITH STRONG RED CANDLE
• POTENTIAL SHORT-TERM TOP AS BUYING MOMENTUM FADES
$CAKE /USDT is showing early signs of a pullback after a strong rally. The price is currently trading at $2.790 on the 4H chart, following a sharp rejection from $2.873 resistance. A large red candle has formed near the top of the move, suggesting sellers are stepping in. Volume remains steady but lacks the intensity needed to push higher. If price drops below $2.750, we could see a move toward $2.67 or even $2.59 in the near term. Bulls must defend the $2.74 zone to avoid deeper downside.