$CAKE Forming a potential double bottom at 2.30 after the recent selloff. Key observations: 4H RSI showing bullish divergence, price holding above critical 2023 support at $2.25, and funding rates flipped negative (possible short squeeze fuel). The 2.40 level is immediate resistance (previous support flip). A clean break above could target 2.60. However, the 1D 200EMA at $2.45 may cap upside. Watch for absorption patterns near current levels. DYOR.