Technical analysis by MadWhale about Symbol CAKE: Buy recommendation (10/6/2025)

Hello✌️ Let’s analyze PancakeSwap’s price action both technically and fundamentally 📈. 🔍Fundamental analysis: CAKE.PAD adds a new way to access early projects while making CAKE more deflationary. If usage grows, it could strengthen CAKE’s long-term value trend. 🍰 📊Technical analysis: CAKEUSDT sits between key monthly support and resistance, with support aligning to Fibonacci levels. Holding this zone and breaking above resistance could fuel a 22% upside, targeting $4.60. 📈🥞 📈Using My Analysis to Open Your Position: You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡 ✨We put love into every post! Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale