$CAKE is trading around $1.341, moving sideways while holding above the 7-day and 25-day moving averages.
The pair is showing signs of consolidation after recovering from recent lows, with buyers gradually regaining control.
A breakout above $1.37–$1.44 could signal the start of a stronger bullish move.
On the downside, $1.30–$1.33 remains the key support zone to watch for trend continuation.
Volume is relatively stable, so a spike in buying activity could be the catalyst for the next breakout. 🚀
#KioxiaADRFallsOver14%
#FBIUrgesOneCoinVictimsToSeekDOJCompensation #Cake
The pair is showing signs of consolidation after recovering from recent lows, with buyers gradually regaining control.
A breakout above $1.37–$1.44 could signal the start of a stronger bullish move.
On the downside, $1.30–$1.33 remains the key support zone to watch for trend continuation.
Volume is relatively stable, so a spike in buying activity could be the catalyst for the next breakout. 🚀
#KioxiaADRFallsOver14%
#FBIUrgesOneCoinVictimsToSeekDOJCompensation #Cake