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$CAKE /USDT BEARISH PRESSURE BUILDS AS PRICE TESTS CRUCIAL S

Tom Hardy 03

Updated at: 7 hours ago

{"content":"$CAKE /USDT BEARISH PRESSURE BUILDS AS PRICE TESTS CRUCIAL SUPPORT The chart shows $CAKE/USDT trading at 2.581, very close to its 24h low of 2.578, signaling strong bearish pressure. Sellers have been in control with a series of lower highs and consistent downward candles. If the price breaks below the 2.578 support, further downside could be triggered toward 2.55. 🔹 Trade Setup: Entry: Short around 2.58 – 2.59 Target (TP): 2.55 – 2.52 Stop Loss (SL): 2.61 📊 Market Outlook: Momentum remains bearish as long as the price trades below 2.60. Bulls will need a strong push above 2.62 to reverse the trend, otherwise the market is likely to continue trending lower in the short term. #CAKEUSDT #CryptoAnalysis #BearishTrend #TradingSetup #DeFi $CAKE {future}(CAKEUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/29/0dd2d53f44734968ae8f5a7a7dffaff4.jpg"],"tags":[],"tradingPairs":["CAKE/USDT"],"quotearticleid":0}

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