Here’s a technical analysis snapshot of $CAKE /USDT based on your latest data:
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Current Price:
$2.191
24h Change: -4.36%
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24h Range & Volume:
High: $2.306
Low: $2.156
CAKE Volume: 4.42M
USDT Volume: $9.81M
Moderate activity; declining momentum today.
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Key Indicators:
MA60: $2.189 → Current price is slightly above it
MA(5): $2.197
MA(10): $2.186
→ Price hovering near all key MAs = consolidation zone
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Support & Resistance:
Support Levels:
$2.175 (near-term)
$2.156 (24h low)
$2.100 (psychological + prior support zone)
Resistance Levels:
$2.197 (MA5)
$2.220–$2.250 (local resistance)
$2.306 (24h high)
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Volume & Momentum:
Recent Volume: Light (99.69 at 19:52)
Overall Trend: Slightly bearish short-term
Likely RSI (15m–1h): Near neutral-to-oversold
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Summary Outlook:
Bias: Short-term neutral-to-bearish
Holding $2.175 is key to avoid a deeper pullback
Upside Targets: $2.22 → $2.30 on bounce
Break below $2.15 could lead to a dip toward $2.10
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