Technical analysis by ehsan_karbin about Symbol CAKE: Buy recommendation (1/28/2025)

For #CAKE on the weekly timeframe, if we want to see an upward move, the price needs to bounce back from these current levels. If the price drops below $1.40, the structure of this asset could turn bearish. For the long term, I think a target of $7 seems reasonable. This is just my personal view, not financial advice.