$CAKE

CAKEUSDT

Perp

1.2893

-1.11%

Price is slowly grinding higher after defending the 1.30 support zone, forming short term higher lows.

Structure stays mildly bullish while holding above 1.303 – 1.308, with price trading around short MAs showing balance.

. Support: 1.300 – 1.303

. Resistance: 1.320 – 1.325 / 1.340

. Above 1.325 → potential push toward 1.335 – 1.34

🔴 Below 1.303 → risk of drop toward 1.295 zone

Flow shows dips getting absorbed faster, buyers stepping in gradually but momentum still moderate.