Markets· ★★· bearish·

CAKE slips 1.96% to $2.15, nears $2.10 support

  • —Price at $2.15, down 1.96% on the day, volume $38.48M
  • —Volume 37.08% below the 30-day average of $61.16M
  • —RSI at 39.9 and bearish MACD signal weak momentum
  • —Nearest support is the 90-day Fibonacci level at $2.10
Why it matters: A break below $2.10 would put the 90-day SMA at $1.93 in focus, while reclaiming $2.23–2.26 would be the first sign of stabilization.
#CAKE
Source: DiarioBitcoin
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