September 30, 2022
4 hours 1

4 hours 1

Bulls may continue pushing up the price

CAKEUSD Price Analysis – August 11

Should the bulls increase their momentum and penetrate the resistance level at $4.66, the resistance levels of $5.01 and $5.55 may be tested. In case the bears push down the price, it will be confronted by the barriers at $4.20, $3.70 and $3.49 support levels

CAKE/USD Market

Key levels:

Resistance levels: $4.66, $5.01, $5.55, $6.03
Support levels: $4.20, $3.70, $3.49, $2.84

CAKEUSD Long-term trend: Bullish

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