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CAKEUSD ❕ declining

Short
CAKE / TetherUS (BINANCE:CAKEUSDT)  
Solldy  
BINANCE:CAKEUSDT   CAKE / TetherUS
Trend Analysis Chart Patterns Technical Indicators crypto signals short cakeusd
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trendanalysis chartpattern indicator crypto signals short cakeusd
CAKE broke down 50EMA on the 4H TF.
The 50EMA has broken down 200EMA on the 1H TF.
The RSI chart is moving in a bearish zone (4H, 1H and 30m TFs)
I think the asset will continue to decline after fixing below the support level.
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