
Crypto子歌|Mar 18, 2025 02:08
CAKE Short term Analysis
CAKE/USDT breaks through the 5/10/20MA moving average with a strong bullish trend! The current price momentum is abundant, but we need to be cautious:
one ️⃣ RSI is approaching the overbought zone, and there may be short-term downward pressure;
two ️⃣ Although MACD is positive, the bar converges and the kinetic energy may weaken;
📌 Key support: around 2.4, if held, the trend will continue;
📌 Key resistance: 2.6 line, breakthrough opens up space!
⚠️ Partial profit taking, stepping back on support and replenishing positions; Don't chase high with empty positions, wait for confirmation signals of pullback or breakthrough
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