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CAKE is currently trading at $1.414 while seeing a change of 58.72% in the 24-hour trading volume. - 2
CAKE price recorded a decline of 19.48% in the last 24 hours.
The price of CAKE token is currently facing severe selling pressure in the market. Investors’ sentiments presently seem to be moving in a panic mode within the extreme fear zone according to the price action. After breaking its trend line with a strong red engulfing candle near end-April, the price is seeing a major selloff of 54% that occurred within the last two months.
Previously, it was predicted that …
Source: https://www.thecoinrepublic.com/2023/06/11/cake-price-analysis-why-did-sellers-overwhelm-cake-chart/