Is CAKE about to crumble or get frosted?
The charts are like a dessert buffet, full of mixed signals. On the 4h timeframe, Parabolic SAR suggests the uptrend might still hold, but cracks are showing… has CAKE reached its peak? Stoch RSI is deep in overbought territory, hinting at a sugar crash ahead.
Zooming out to the 1D chart, the rise continues, but with MACD momentum fading and Stoch RSI stretched, it feels like this cake’s been in the oven a little too long. Volume? Not exactly a party, it’s barely showing up, like sprinkles without a cupcake.
Key levels to watch:
Support at $3.90 (hold here, or its crumbs).
Resistance at $4.35 (break this, and it’s frosting time).
Your move: are you slicing the cake or waiting for the crumbs? DYOR! because no one likes a bitter bite.