FieryTrading

🔥 CAKE Reversal From Support

Long
BINANCE:CAKEUSDT   CAKE / TetherUS
CAKE has seen a lot of bearish presssure since early May. Gradually this coin has been declining over the weeks, with the biggest drop being last night. The drop last night stopped around the area of support drawn on the chart, which in turn causes a strong reversal of the price at this moment.

Since BTC is being unpredictable, be aware of any drops in price.

Happy trading!

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