$CAKE is trading around $1.80 after a short liquidation, showing buyers stepping in. The nearest support is at $1.72, while strong resistance sits near $1.92. Price is holding well above support, which suggests a possible slow bullish move if volume increases. A clean break above resistance can push CAKE toward $2.05 in the short term. Stop-loss should be placed below $1.68 to stay safe if momentum flips.

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