
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