📈 Technical Analysis on $CAKE /USDT 📉

The $CAKE /USDT pair is currently trading at $3.356, showing a increase of 1.57% in the last 24 hours. The 24-hour high for the pair was $3.379, with a low of $3.129. The trading volume for CAKE is at 6.95M CAKE, while the volume for USDT is at 22.44M.

Based on the Bollinger Bands indicator with parameters (20, 2), the upper band is at $3.648, the middle band at $3.393, and the lower band at $3.139.

📊 Trading Signal:

- Buy Signal: If CAKE/USDT breaks above $3.379 with a target price of $4.208 and a stop-loss at $3.648.

- Sell Signal: If CAKE/USDT drops below $3.129 with a target price of $2.729 and a stop-loss at $3.393.