$CAKE

/USDT Technical Analysis & Trade Signals

Current Overview

Price: $4.44 (+38.91% in 24h)

Trend: Strong bullish momentum supported by high volume and volatility.

Resistance Levels: $4.50, $4.80

Support Levels: $4.00, $3.60

Trade Momentum

RSI (Relative Strength Index): Overbought (>70), signaling caution for late entries.

MACD (Moving Average Convergence Divergence): Bullish crossover with increasing histogram bars.

Volume: Sustained increase suggests strong buying interest.

Trade Signals

1. Entry Point: $4.40-$4.50 (Wait for a minor pullback or consolidation).

2. Stop Loss: $4.00 (Protect against sharp reversals).

Targets 🎯

1. Target 1: $4.80 (Short-term resistance).

2. Target 2: $5.20 (Medium-term bullish continuation).

3. Target 3: $5.80 (Extended rally in high momentum).

Caution

Monitor 24h Volume and price action near resistance zones.

A break below $4.00 could trigger a correction toward $3.60.

Would you like a detailed chart analysis or more trade insights?

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