$CAKE /USDT pair, holding steady with a modest +0.08% move over the last 24 hours. The session printed a high at 1.325 and a low at 1.275, showing a tight but active intraday range. Current price action is hovering near the lower band of that range after tapping 1.285 as a short-term local bottom.
On the 15-minute chart, momentum has shifted bearish after rejection near 1.325, followed by a sequence of lower highs and lower lows. Volume stands at 2.67M CAKE, equivalent to 3.48M USDT, signaling consistent participation rather than thin liquidity.
Immediate resistance sits around 1.300–1.309, with stronger pressure near 1.318–1.325. Support is forming around 1.285, and a breakdown below 1.275 could invite deeper downside. For now, price is attempting a minor recovery bounce inside a short-term corrective structure. The next move will likely depend on whether buyers can reclaim 1.300 with conviction.
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CAKE
1.302
0.00%