💰$CAKE is currently trading around $1.4522, showing fresh bullish activity.
Technical Analysis (4H timeframe):
🟢 The LONG Sequence 1 signal shows fresh buying pressure with $6K in long volume (0.120% participation). Further long sequences would provide stronger confirmation.
⚠️ $1.47–$1.50 is the immediate resistance zone. A breakout above this area could open the way toward $1.54–$1.58.
📉 Initial support is around $1.43–$1.45. A break below $1.43 could weaken the bullish setup and expose $1.38–$1.41.
Outlook: Short-term bias is bullish, but confirmation from additional buying sequences would strengthen the setup.
#CLARITY Act faces September deadline #World Liberty Financial investment #Fed rate hike odds drop #BTC whale adds short positions #BTCPay Server critical LND vulnerability
