Technical analysis by CryptoPRIME_1855 about Symbol CAKE: Buy recommendation (7/23/2025)

CAKE/USDT - Triangle Breakout CAKE/USDT is currently breaking out of a triangle pattern after a period of consolidation. The price is now testing the key resistance area at $2.80. Once this resistance is cleared, we can expect a strong bullish move towards $3.50 - $4.00. Bullish Scenario: Break above the $2.80 resistance confirms the breakout, targeting $3.50 - $4.00. Pro Tip: Watch for volume confirmation to ensure the breakout is sustainable. Set stop losses below the breakout zone to manage risk.CAKE / USDT Broke out from horizontal resistance and up +16% after our call. Currently retest is in progress. Bullish scenario active