Technical analysis by Suhulo about Symbol CAKE: Buy recommendation (3/3/2025)

Recent price action surprised many. The reason behind this is open sell position for aprox. 5M of cake tokens at 2usd price level. Not speculating who did this but all who is following this project for long-term can understand there is tight competition on the market. Price will rise from this level, once reached 2usd liquidity will be swept quickly.