#CAKE/USDT ANALYSIS T:F - 3H

#CAKE has continued its Bearish mood since the beginning of April 2024, buyers tried to push the price of #CAKEUSDT higher a couple of times, however, it looks like sellers are determined to offload!

If the Buyers can't break up above the resistance, which puts selling pressure on the top of the price, then we will see #CAKEUSDT continue its journey to $1.200. The price action could show us a few possible scenarios, please refer to the chart for a clear understanding.

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