CAKE is gradually moving downward, currently trading at 1.234. The price is showing slow bearish momentum, indicating mild selling pressure in the market.
🔎 Market Structure
• Current Price: 1.234 • Trend: Slow bearish • Momentum: Gradual downward movement
📍 Key Levels
Support Zone: 1.23 – 1.22 Resistance Zone: 1.24 – 1.25
🎯 TP1: 1.23 🎯 TP2: 1.21
❌ SL: Above 1.25
Price is moving slowly lower; traders can monitor for confirmation before taking short positions or waiting for a potential bounce.
Decided to check out the $KAS chart to see how it’s handling the current market conditions.
Right now, it’s consolidating between 0.03136 and 0.0306565. Price is moving sideways within that range, which suggests the market is waiting for a clear direction.
So far, bulls are doing a decent job defending the 0.0306565 level. As long as that support holds, the structure remains stable. But if it breaks, we could see increased downside pressure.
For now, it’s a tight range watching for either a clean breakout above or a breakdown below before making any strong conclusions
There’s a large liquidity cluster around $2,200, meaning a lot of stops and leveraged positions are sitting there. That level could act like a magnet if price starts moving up.
There’s also liquidity near $1,900, but it’s much smaller compared to the upside.
With US CPI data coming out today, volatility is expected. If the print is bullish, ETH could push higher and market makers may target the heavy liquidity above, squeezing late shorts.
If CPI comes in negative, we could see a move toward the lower liquidity instead.
Right now, it’s all about which side gets hunted first. #ETH🔥🔥🔥🔥🔥🔥
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$MYX is trading between 2.700 – 2.900, sitting at a critical support after a recent pullback. This range acts as a potential pivot point — holding above it could fuel a strong rebound toward 5.00, while losing this support may lead to a drop toward 1.00. Price action in the coming sessions will determine the dominant direction.