$CAKE ALERT – Short-Term Bearish Pressure
$CAKE is under selling pressure, currently trading around $1.85 after failing to hold the $2.00–2.05 zone. Sellers are dominating 🚨 – a strong red candle with rising volume screams distribution.
Key Levels to Watch:
Support: $1.78–1.80 (critical)
Next Drop: $1.75 if support fails
Bullish Flip: reclaim $1.95–2.00 as support
⚡ Relief Bounce: Possible, but likely corrective unless momentum + volume turn bullish.
💡 Tip: Only play short-term setups here. Watch volume spikes for reversal clues.
💡 Tip: Don’t chase – let structure confirm before entering.
💡 Tip: Stops below $1.78 protect from sudden breakdowns.
Momentum is key—this one’s 🔥 for nimble trades. Watch it closely.#USNonFarmPayrollReport #TrumpTariffs #BinanceBlockchainWeek #BTCVSGOLD #CPIWatch
