đ¨ $CAKE /USDT SHOWS STRONG BULLISH MOMENTUM â ACTION REQUIRED đ¨
$CAKE is trading at $3.122, recording a 19.34% gain in 24 hours, indicating a strong upward trend. The price has risen sharply from a low of $2.525 to test its 24-hour high of $3.123, fueled by increased buying interest and a trading volume of 21.61M CAKE tokens. This breakout highlights the potential for further gains, with the next resistance level around $3.154. For risk-managed entries, consider the $2.930 support zone, which could provide an opportunity during minor pullbacks. CAKE is attracting attention in the DeFi space, making it a hot coin for both day traders and swing traders. Stay vigilant and manage positions carefully.
