$CAKE

CAKE

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Strong short-term bullish momentum, but starting to cool off.

Big impulse move from ~1.49 → 1.59 shows buyers in control

Current red candle = minor pullback / profit-taking

RSI ~64 → not overbought yet, still room but slowing

Key levels:

Support: 1.55 – 1.56

Resistance: 1.59 – 1.60

👉 Likely scenario: small consolidation or dip, then continuation if support holds.