$CAKE – FROM RALLY TO RUIN! BEARS SLICE THROUGH SUPPORT!

SHARP DROP FROM $3.313 TO $2.661

FAILED BOUNCE BELOW $2.772, WEAK CONSOLIDATION AT $2.678

$CAKE /USDT is locked in a steady downtrend after a strong rejection from $3.313. The price broke below the key $2.772 level and printed a new low at $2.661. Current price action at $2.678 shows weak momentum and continuous selling pressure. Structure remains bearish with no signs of a trend reversal unless $2.82 is reclaimed.

SHORT SETUP

Entry: $2.67–$2.72

Target 1: $2.53

Target 2: $2.35

Stop Loss: $2.83

Bearish bias remains intact. Breakdown below $2.66 could lead to another leg down.

#CAKEUSDT #BearishSetup #DeFiDowntrend #CryptoTrading #BinanceFutures