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Sonarcast

CAKE (CAKE / USDT) — funding, open interest and structure

Mixed picture (+8.4% over 24h). A long lean, the scenario is developing.

$2.59+8.35%24h change

Key numbers

Price
$2.59
24h change
+8.35%
24h volume
$58.46M
24h high
$2.63
24h low
$2.30
Market cap
$958.68M
Sector
DeFi
Funding rate
+0.006%
Open interest
$56.22M
OI change, 24h
+5.37%
OI trend
rising
RSI (1h)
65
ATR / price
+1.29%
Volume vs average
1.60x

What is happening

Price spiked past a level and immediately returned — liquidity beyond the level was taken, the breakout was not confirmed.

Status
Active
Stage
Preparing

Facts

  • Price above VWAP·5d (+7%)
  • RSI 65
  • MACD weakening
  • OI rising (+3% over 4h)
  • Funding +0.006%
  • Volume ×1.6 vs the 20-candle average

What each number means

Funding rateneutral

Funding +0.006%: neither longs nor shorts dominate, no overheating.

Open interestposition inflow

OI is rising on a rally (+3.1% over 4h): new longs are stepping in — the move is backed by money. OI is accelerating.

RSIin range

RSI 65: neither overbought nor oversold — momentum is balanced.

EMA stackuptrend

Price is above EMA200 and the averages are stacked bullish (20>50>200) — a steady uptrend.

MACDupside momentum fading

The MACD histogram is above zero but weakening: upside momentum is running out, no reversal yet.

Volatility (ATR)volatility calm

Calm volatility (ATR 1.9%/h): a measured market, small moves. Volatility is expanding — bigger moves, longer wicks.

Cumulative volume deltaflow flat

CVD is flat: neither buyer nor seller dominates the flow.

Recent moveno pump

No active pump — the coin is in its normal regime.

Volumevolume normal

Volume is normal (1.6× the 20-candle average).

Candlestick patternsbullish pattern

Pattern "bullishEngulfing" (1h) (80%): the figure favors buyers. Stronger if the next candle confirms it.

Volume profileabove value area

Price is above the value area (VAH $2.5078) — demand is stretched up, it often gets pulled back into the area.

Pivot levelsabove pivot

Price is above the daily pivot $2.4923 — an intraday buyer lean. Nearest resistance $2.6847 (+3.7%).

Support and resistancebetween levels

Nearest levels: support $2.5450 (−1.7%) (2 touches).

Levels and structure

Range high / low
$2.63 · $2.54
Support
$2.54 · $2.45 · $2.43

Range and holding cost18 days

Where CAKE sits in its recent range, how much it moves on an average day, and what holding a position has cost in funding.

Window high
$2.612026-09-20
Window low
$1.812026-09-03
Price within the window
94.1%
Average daily range
7.86%
Up days
9 / 18
Down days
8 / 18
Best day
+13.68%
Worst day
-6.06%
Average funding
+0.003%
Time funding was positive
82.9%
Open interest over the window
+461.56%
DateCloseChangeRangeFunding rateOpen interest
$2.56+6.88%13%+0.005%$56.05M
$2.40-0.66%4.01%+0.002%$53.55M
$2.42-0.90%5.58%+0.001%$52.05M
$2.44+5.50%8.14%+0.004%$49.34M
$2.31+4.95%7.45%-0.001%$48.11M
$2.20-6.06%6.53%+0.001%$47.28M
$2.34+5.59%8.06%+0.004%$52.82M
$2.220.00%5.86%+0.000%$40.77M
$2.22+1.51%3.93%+0.004%$40.03M
$2.19+3.80%5.93%+0.004%$38.17M
$2.11-5.85%8.31%+0.004%$36.74M
$2.24-1.15%4.77%+0.001%$47.41M
$2.26+2.03%9.64%+0.004%$48.95M
$2.22-0.94%8.26%+0.003%$43.12M

What the terminal adds

Order flow (CVD and taker split), the full order book with a depth map, price magnets, AI scenarios and Guardian on the coins you are trading — inside Sonarcast.

Data as of Sep 21, 2026, 1:38 AM UTC

Sources: Binance, Bybit, CoinGlass, CoinGecko.

Market analytics, not investment advice and not a trading signal. Every trading decision, and its result, is yours.