The long tail rejection candle at $10 resistance suggests the Pancake(CAKE) buyers are exhausted from the recent recovery. A failed attempt to breach this resistance triggered a minor retracement and plunged the coin price to $8.75 flipped support.
The long tail rejection candle at $10 resistance suggests the Pancake(CAKE) buyers are exhausted from the recent recovery. A failed attempt to breach this resistance triggered a minor retracement and plunged the coin price to $8.75 flipped support.