$CAKE /USDT – Pullback After Strong Rally
Current Price: 2.694
$CAKE surged to a 24h high of 2.771 but is now facing a healthy correction. Price is pulling back after hitting resistance, and traders are watching key support zones for the next move.
Support Zone: 2.660 – 2.630
Breakout Level to Watch: 2.740
Downside Risk: A break below 2.630 could lead to 2.590
Trade Insight:
The trend is still bullish overall, but the recent pullback may offer a better re-entry. If support holds and momentum returns, could retest 2.74+ soon.
Pro Tip:
Look for consolidation near 2.660–2.680. Wait for confirmation before entering. Volume and candle structure will guide the next move.
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