🔥 CAKE Major Weakness: Bearish Channel

A while ago I made an analysis on CAKE and the bearish channel it was trading in:

CAKE is one of the weaker coins in the market at this moment in time. It never really recovered from the September crash and traded sideways at best. I'm expecting a strong drop in CAKE's value over the coming days/weeks.

I'd be looking for a reversal when CAKE touches the lower bound of the channel.

Happy trading!