Technical analysis by cryptosoracle about Symbol CAKE: Buy recommendation (4/6/2025)

PancakeSwap (CAKE) has entered a critical Long Zone between $1.48 – $1.64, where price historically found strong support before a major Long rally. After a prolonged downtrend, we’re now approaching a potential reversal zone.🔹 Long Entry Zone: $1.48 – $1.64🔹 Potential Upside Target: $2.82+🔹 Rationale: Previous bounce zone + strong demand area🟢 This is a high-reward opportunity for patient bulls waiting for a bottom formation. Watch closely for early signs of strength — if price holds and confirms a reversal, we may see a sharp push to the upside.⚠️ Reminder: No entry without confirmation and risk management.