$CAKE 24-hour high confirmed.
24h +7.9%, current price 2.432, previous high 2.4147.
Structurally, a new high means selling pressure overhead has eased, so short-term resistance is relatively low. But if the price quickly falls back below the previous high, beware of a false breakout. Do you think the market has overreacted?
#CAKE
24h +7.9%, current price 2.432, previous high 2.4147.
Structurally, a new high means selling pressure overhead has eased, so short-term resistance is relatively low. But if the price quickly falls back below the previous high, beware of a false breakout. Do you think the market has overreacted?
#CAKE