Technical analysis by Suhulo about Symbol CAKE: Buy recommendation (3/5/2025)
https://sahmeto.com/message/3296541

Suhulo
Rank: 1259
Analytical Power:
2.6

Two sell-off recently and cake formed higher low compared to "big short" in Feb 2025. On the other hand there is long-term trend pointing the area 3.5-4.0usd as the next resistance. If broken the price can gain traction quickly as there is not much sell pressure in higher levels.
Translated from: English
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Signal Type: Buy
Time Frame:
1 dayProfit Target:
$3.5Stop Loss Price
$1Price at Publish Time:
$1.8