Technical analysis by Bosukaaa about Symbol CAKE: Buy recommendation (7/14/2025)

The CAKE/USDT pair is currently consolidating inside a symmetrical triangle, showing signs of reduced volatility and building pressure. Multiple price reactions at both the upper and lower trendlines (highlighted with orange circles) confirm the triangle’s validity. A breakout scenario appears likely, with a potential upward move of around 76%, targeting the $4.38 region. A key resistance level sits at $3.439, which may act as a pullback zone before continuation. The support zone is well-defined near $1.487, and price has respected this level consistently. If bulls manage to push through the triangle’s resistance, this could signal the beginning of a significant bullish leg in the coming weeks. ⚠️ As always, wait for confirmation before entering a trade and manage your risk accordingly. #CAKE #Crypto #Breakout #TechnicalAnalysis #Altcoins #TradingView