— Selling pressure has not ended\n\nCAKE Futures is at 2.3114 USDT, down 5.626% over 24 hours. The 4H candle just closed lower, falling from 2.3880 to 2.3171; the latest 1H candle continued to close lower at 2.3074, showing that the rebound remains weak.\n\n🔴 The downside remains favored if the 1H candle closes below 2.3023, the low of the candle that just closed. The next level to watch is 2.2613, the low of the closed 4H candle. This view is invalidated if the 1H candle closes above 2.3215. Wait for candle-close confirmation and avoid chasing intrahour swings.\n\nPersonal observation, not a recommendation. Risk 1%; always use a stop-loss.\n#CAKE #DeFi #Futures