
CAKE Falls 5.46% to $2.18, Tests Support at $2.15–2.16
- —CAKE trades at $2.18, down 5.46% on the day
- —Price sits below 7-, 15- and 30-day SMAs but above 90- and 200-day SMAs
- —Immediate support at $2.15–2.16, recovery zone at $2.21–2.28
- —Volume at $55.6M, 9.47% below the 30-day average
Why it matters: The drop tests a key support zone amid broad macro pressure; holding it would preserve CAKE's 56% 90-day gain.
Source: DiarioBitcoin