CAKE price prediction, $4 is a strong resistance level, so that it may come down further, but it will definitely cross this level as it has been forming higher highs from the price of $3.
On the weekly chart, it has formed a higher low, and the candlestick is in the upper Bollinger band. However, we do not think it is an ideal time for long-term investment because the chart is in a long-term downtrend. You can consider it in your long-term portfolio when it decisively crosses the level of $15.
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