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Market Overview
The CAKE/BNB pair closed at 0.002182 on October 31, 2025, reflecting a slight increase of 0.37% from the previous close but continuing a downtrend with a 30-day return of -1.93%. Price remains below the 20-day moving average of 0.002205, with the 5-day SMA at 0.002169 and the 50- and 200-day SMAs not specified. The RSI indicates weakening bearish momentum. Key support is near 0.00215, while resistance is around 0.00225. No major upcoming events are noted, though whale outflows and stable liquidity may influence price action. The technical outlook aligns with a cautious downtrend and sideways potential. For information only.
Last Updated 10/31/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.