$CAKE has confirmed a bullish reversal and successfully broken above the 3.20$ zone. Strong buyer momentum is driving the price upward, signaling the potential start of a fresh rally.

Trade Setup:

• Entry Range: 3.15 – 3.22

• Target 1: 3.35

• Target 2: 3.50

• Target 3: 3.70

• Stop Loss (SL): 3.00

The breakout is supported by robust bullish pressure. Maintaining levels above 3.20$ may lead to extended upside, with CAKE eyeing higher resistance levels in the near term.

Traders should monitor momentum and volume for confirmation and adjust positions accordingly.