7.18 Cake Market Chart Breakdown

Cake continues to rebound during the day, but overhead resistance is gradually getting closer, so chasing the move isn’t a great value.

Price is consolidating around 1841. The AVL moving average 1841 has already moved above, and the short term is biased bullish; however, the rebound strength on the 4-hour timeframe is weakening. The 1855-1865 area is the 24h high zone and also a key resistance band. If the rebound reaches this zone but cannot break through with increased volume, you can consider taking a reverse entry and then placing the position on control/limit.

Support below is mainly concentrated in the 1825-1830 area. If price pulls back to that range and then stabilizes, you can lightly attempt a rebound to aim for a short-term repair.

Trading ranges:

· Long (lightly try): 1825-1830, stop at 1810, targets 1845/1855
· Short (wait for reverse entry): 1855-1865, stop at 1875, targets 1840/1825

Key range: 1825-1865
Direction: short-term rebound; be cautious as you approach resistance $ETH #USDT充值理财双重奏