Technical analysis by Bithereum_io about Symbol CAKE on 8/1/2025

#CAKE broke above the ascending triangle resistance, but due to Bitcoin's drop, it pulled back inside the triangle. 📌 If you're looking to enter, consider placing a buy order near the support level at $2.439. In case of a bounce and a breakout above the triangle resistance, the upside targets are: 🎯 $3.106 🎯 $3.581 🎯 $4.186 ⚠️ As always, use a tight stop-loss and apply proper risk management.