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Never risk more than you can afford to lose.
Always DYOR.
CAKE has reacted to the weekly resistance zone ($9.270 – $9.239 in blue) it may drop to monthly support level ($5.07 – $5.048)
since BTC may crash more upto $30k then one may expect the cryptocurrency market to crash more, where CAKE may even break down its monthly support zone at ($5.075).
This is a personal idea and I am not a financial adviser