Technical analysis by FireHoseReel about Symbol CAKE: Sell recommendation (12/1/2025)

🔥 Welcome To FireHoseReel ! Let's dive into Cake analysis, the native token of PancakeSwap DEX. 👀 CAKE – Short-Term Market Breakdown After breaking its newly formed support at $2.342, CAKE moved sharply lower and formed a temporary support around $2.233. A breakdown below $2.233 could activate the next major downside trigger. 📊 Volume Analysis Selling pressure on CAKE has intensified aggressively. In a single 4H candle, sellers dominated the market with heavy force. If sell volume expands again, the current downtrend is likely to continue with momentum. 🔁 CAKE/BTC Perspective The CAKE/BTC pair is still holding a bullish structure, but a loss of its current support could trigger a corrective phase in the BTC pair as well. 📌 Trading Scenario This scenario can be used alongside your own trading strategy and risk management. 🔴 Short Scenario Breakdown below the newly formed support at $2.233 Must be accompanied by a strong increase in sell volume This could push CAKE lower and may also trigger a support breakdown on CAKE/BTC, adding further downside pressure. ❤️ Risk Management & Emotional Discipline Crypto trading is highly risky. Without proper risk management and emotional control, trading is no different from gambling. Logic must always come before emotions. Learn to manage your trades—and enjoy the process of trading with control and discipline.