After a prolonged consolidation phase, $CAKE has begun to show signs of life, attracting the attention of "whales" and retail investors. CAKE is more than just a meme token or a typical farming project it’s constantly evolving.
Trade plan :
Buy/Long
Entry : 1.5 - 1.52
TP1 : 1.72
TP2 : 1.95
TP3 : 2.05
SL : 1.4
The nearest resistance level is 1.6, It should break through soon.
Technical Analyst :
From a technical perspective, $CAKE is attempting to break through its dynamic resistance zone. If buying volume continues to rise and CAKE manages to hold above its current strong support level, the path to the next psychological target is wide open.
Trade $CAKE 👇

CAKEUSDT
دائم
1.5199
-0.67%