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Market Overview
CAKE/USD closed at 2.297 on November 20, 2025, reflecting a slight increase of 0.09% from the previous close, consistent with a continuing downtrend. Over the past 30 days, the pair has returned 2.64%, trading between a high of 2.33 and a low of 2.234. The near-term outlook remains cautious, with resistance at 2.33 and support near 2.23. Technical indicators show the 20-day SMA at 2.305, 50-day and 200-day SMAs are not provided, and the 5-day SMA is 2.2964. The RSI and exact support/resistance levels are not specified, but price consolidation near support suggests potential stabilization. No major upcoming events are noted to influence price action. For information only.
Last Updated 11/20/25

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.