🚨 The uptrend at $CAKE has been broken... Has the fall begun? 📉
The price has exited the upward channel after repeated rejections at $3.00–$3.20 and has broken a key support at $2.70, which warns of impending selling pressure.
📊 Technical Note:
If the price fails to regain the broken support, it may turn into resistance, opening the way towards $2.30 – $2.10.
📌 Alert Now: Caution is required until a clear upward breakout is shown.
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