🔹 Trend: Overall downtrend, but short-term consolidation
📉 Price is still below MA(25/99) → strong bearish pressure
🟢 Support: 0.0265 – 0.0248
🔴 Resistance: 0.0285 – 0.0300
If 0.0265 holds → small bounce possible
If 0.0248 breaks → next leg down risk For a strong reversal, reclaiming 0.0300 is necessary ⚠️ Volatility low, breakout may come — risk management is essential
#CAKE: 📉 Overall trend: Bearish Price is currently consolidating around 1.84 🔻 Resistance: 1.88 – 1.92 Major: 2.00 🔹 Support: 1.80 Strong support: 1.76 – 1.78 📊 Observation: Price is still below MA25 & MA99 Bounce has occurred from 1.76 support, but volume is weak If resistance is not broken, upside is limited ⚠️ Bias: Below 1.92 → pressure downside Above 2.00 → short-term reversal possible Not Financial Advice #cake. #Binance #Market_Update
📉 Trend: Overall downtrend is still active (4H) 📍 Current Price: ~0.0279 📊 MA Status: Price MA(7) is rising above → short-term relief MA(25) is still overhead resistance MA(99) is much higher → mid-term bearish pressure is still present Support: 0.0260 – 0.0248 (strong demand zone) Resistance: 0.0288 – 0.0300 short-term dead cat bounce / pullback might occur Clear trend reversal has not been confirmed yet Expectation If 0.0288 does not break → rejection risk If 0.0300 is reclaimed → short-term bullish continuation possible Note: avoid overtrading better Not Financial Advice #ZK #CryptoUpdate #Altcoins