$CAKE /USDT.

🧁 CAKE/USDT Price Overview

Current Price: $2.886

Change (24h): +17.60%

🚀 Explosive breakout from sub-$2.50 zone, gaining strong momentum with high volume — trend shift confirmed on multiple timeframes.

📊 Market Data

MetricValue24h High$2.94824h Low$2.39424h Volume (CAKE)22.75M24h Volume (USDT)$60.65M

📈 Strongest intraday volume since recent bottom — whales likely active.

🔍 Technical View

Structure: Vertical breakout, possible continuation or bull flag

Trend: Bullish across 15m/1h/4h; flipping bullish on 1D

Support Zone: $2.70 – $2.75

Resistance Zone: $2.95 – $3.10

Breakout Origin: $2.40 zone (liquidity pocket)

🧠 Trade Setups to Watch

✅ Pullback Entry

Buy Zone: $2.72 – $2.76

TP: $2.95 – $3.05

SL: $2.66

🚀 Breakout Play

Buy: On confirmed close above $2.95

TP: $3.15 – $3.30

SL: $2.85

❌ Rejection Short (High Risk)

Sell: Fakeout near $2.95 – $3.00 with volume divergence

TP: $2.75

SL: $3.03

🔦 Summary

CAKE is showing a trend reversal with strength, supported by volume expansion, good follow-through, and minimal pullback so far.

Be cautious of profit-taking near $3 psychological resistance, but momentum favors bulls unless it fails to hold above $2.80 intraday.

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