Binance Market Update | Crypto Signals 📉
🔻 $CAKE (PancakeSwap)
💰 Current Price: $2.496
📊 24H Change: -9.07% 🔴
📌 Signal: Bearish ⚠️
💡 Resistance: $2.60 | Support: $2.40
📌 Potential Trade: CAKE is struggling below $2.50. A move above $2.60 could signal recovery, while dropping below $2.40 might lead to further losses.
🔻 $STPT (Standard Tokenization Protocol)
💰 Current Price: $0.08720
📊 24H Change: -8.29% 🔴
📌 Signal: Bearish ⚠️
💡 Resistance: $0.092 | Support: $0.085
📌 Potential Trade: STPT is at a critical support zone. Holding $0.085 is key for a bounce; otherwise, further decline is likely.
🔻 $BAKE (BakeryToken)
💰 Current Price: $0.2334
📊 24H Change: -7.31% 🔴
📌 Signal: Bearish ⚠️
💡 Resistance: $0.245 | Support: $0.220
📌 Potential Trade: BAKE is in a downward trend. A break above $0.245 could trigger upside momentum, while falling below $0.220 might increase selling pressure.
📢 Market Sentiment: The DeFi sector, including CAKE and BAKE, is facing strong sell-offs. Traders should watch support levels for potential reversals or further downside risks.
