CAKE

CAKE has broken above the descending trendline and is now retesting the breakout zone around 2.60–2.65 as support. If this level holds, we could see continuation toward 3.10–3.30 in the coming days. A daily close below 2.50 would invalidate the setup.

CAKE has recently broken above the key support zone at $2.475, forming a short-term bullish trendline from mid-September.Price surged past $2.875 resistance but is now slightly retracing—typical of a healthy uptrend. Support Levels: $2.65 and $2.53 – as long as price stays above these zones, the bullish structure remains intact. Immediate Resistance: $2.97 – a decisive breakout could push CAKE toward the next key level at $3.30. Trend Outlook: The overall structure is bullish. Holding above $2.65 will keep the momentum alive, while losing this level may trigger a deeper correction. If CAKE holds above $2.65 and reclaims $2.875, expect a push toward $3.30–$3.60 Failure to hold trendline could lead to a retest of $2.53

CAKE is forming its bottom with market participation, clearly defined by volume. The range that it is in defines a structure in which accumulation can begin. In fact, the price can still visit the bottom of the range and still maintain a bullish stance. As long as the price does not make a 1D LL, the bulls still have a good chance.

Expecting a strong breakout very soon, which would open 59% of market price movement for us very soon. More in-depth info is in the video—enjoy! Swallow Academy

Hi snipers. The cake / usdt currency pair is in a wide and long-term ascending channel on the one-day timeframe, which is fluctuating between the bottom and top of the channel. The moving average line is in the middle of the channel, and every time after breaking this line, the price has increased well. If it breaks again and the price closes above the black line (103-day moving average), there is a possibility of the price increasing and touching the top of the channel. I am learning. The analysis is not a recommendation to buy or sell. 🙏

Cake usdt daily analysis Time frame daily Risk rewards ratio >2.8 Target 2.96$

First, the price must break the resistance, then we can make sure that the chart is bullish...

CAKE is holding its structure well, moving inside the ascending channel with buyers keeping control. At the moment, price is sitting close to support and we are waiting for a proper bounce confirmation. The main thing here is the breakout. As soon as buyers secure the local resistance, the path is open for continuation to higher levels. The major resistance zone is sitting around $4.20–$4.50, which remains our main target for this move. Swallow Academy

CakeusDT 4 -hour time period is indicated in the possible purchase zone, possible stop zone and possible target graphics These ideas are only for educational purposes Absolutely not an investment or transaction advice! Take your transaction and investment decisions only based on your own analysis!

CakeusDT 4 -hour time period is indicated in the possible purchase zone, possible stop zone and possible target graphics These ideas are only for educational purposes Absolutely not an investment or transaction advice! Take your transaction and investment decisions only based on your own analysis!