$CAKE $CAKE Cryptocurrency traders often make their trading decisions by identifying important resistance and support levels. A resistance level is a price level where there’s likely to be more selling pressure than usual, making it harder for the price to rise above it. Support levels are the opposite concept, and refer to price levels where there’s likely to be stronger buying pressure in the market. Often, traders will try to buy a cryptocurrency at price levels they perceive as support levels, and sell cryptocurrency at price levels they identify as resistance levels.

CAKE

2.086

-2.06%