Markets· ★★· neutral·

CAKE slips 1.91% to $2.49 after 10-month high

  • Price at $2.49, down 1.91% from the $2.61 high
  • Volume of $86.9 million, 46.12% above the 30-day average
  • 90-day return of 92.11%; still 94.33% below the $44.07 all-time high
  • RSI at 65.4 and positive MACD histogram keep the uptrend intact
Why it matters: The pullback looks like profit-taking after a strong rally rather than a reversal, with support at $2.48 and resistance at $2.61.
Source: DiarioBitcoin