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Technical analysis by Suhulo about Symbol CAKE: Buy recommendation (2/25/2025)

https://sahmeto.com/message/3280505
Suhulo
Suhulo
Rank: 13664
1.5
Buy،Technical،Suhulo

The triangle was broken and now on the way to test lower support at 2,03-1,88usd. All driven by BTC now, if BTC falls lower the probability of upward momentum grows and might be very quick for whole market. I´d avoid any short positions and rather DCA on the way down.Went as expected. Wait for next move.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$2.14
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