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The BossAug 19, 2026 at 09:41 pm
is showing the reaction I was waiting for.
The weekly structure is holding the key support area and starting to build a stronger base after a long consolidation phase. Buyers are defending the lower range, while the
resistance zone above remains the main area
Compared with our previous $CAKE analyses, the overall picture has changed very little. Price continues to respect the long-term accumulation range instead of breaking into a new downtrend, showing that buyers are still defending the broader structure.
RSI is stabilizing
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The BossAug 08, 2026 at 09:40 pm
is trying to stabilize after a long decline, but the weekly chart still has something to prove. The recent candles show a clear reaction from the lower support zone and a period of consolidation underneath the first resistance. This is an important transition area:
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