As you can see from the last crash of cake which is at 1$ price it did huge come back around 4$
Then it did the correction in my opinion the correction done because the period from dropping until recovery was 10 days and now from the top it did it until today its 10 days also I think its the time to complete pulling up
This is not a financial advice its only my analysis for cake chart
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.