From $150 to $387 Profit – Will $CAKE Hit $8 in 2025?
I jumped into $CAKE at just $1+ and am still holding strong at $2.60! Who else is in? Some predict $8+, others see $3-$4, while skeptics expect $1 or even $0.50. One thing is clear—$CAKE’s potential for $4+ is heating up. Where do you see it in 2025?
🔍 Market Update
Currently, $CAKE is down 7.87%, trading at $2.307 after hitting a 24-hour low of $2.261. Will bulls defend this level, or is more downside ahead?
📌 Key Levels to Watch
🔺 Resistance: $2.400 – A breakout here could push CAKE toward $2.500 and $2.620.
🔻 Support: $2.260 – A breakdown could lead to further declines toward $2.150 and $2.080.
📈 Potential Trade Setups
✅ Long Entry: If CAKE moves above $2.400, upside targets include $2.500 and $2.620.
❌ Short Entry: A drop below $2.260 could open the door for $2.150 and $2.080.
🎯 Stop Loss: Consider placing it near $2.280 to manage risk.
🔎 Next Move?
Watch for volume confirmation—if CAKE can reclaim $2.400, it could fuel further upside momentum. Where do you see CAKE heading next?