is stirring up momentum, trading around $2.82 (+3.6%). After weeks of consolidation inside a symmetrical/ascending triangle, a decisive breakout could send it soaring toward $4.40—or beyond.
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📊 TECHNICAL SNAPSHOT
• Chart Structure: Symmetrical triangle tightening since early 2025
• Resistance Zone: $2.90–$3.10 key breakout region
• Measured Move: Triangle projects potential to $4.40–$5.00
• Momentum: 4H MACD nearing bullish cross, RSI steady above 50
• Volume Surge: Rising volume near resistance—a breakout signal brewing
• Fib Level: Reclaimed 0.618 after falling wedge bounce = bullish bias
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🎯 KEY LEVELS TO WATCH
Zone Strategy/Role
$2.90–$3.10 Decision zone—breakout confirmation needed
$3.20 First target on confirmed breakout
$3.40 Triangle measured-move level
$4.10–$4.40 Major mid-range resistance & TP zone
$5.00+ Extension target if bullish trend sticks
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🧠 TRADE SETUPS
• Aggressive Entry: Buy on $2.85–$2.90 breakout with SL below $2.70
• Conservative Entry: Wait for daily close + volume above $3.10, SL under $2.90
• TP Strategy: Scale out at $3.20 → $3.40 → $4.10+, optional hold for $5
Risk Reminder: Triangle breakouts often follow with volatility—stick to position sizing and clear stops.
⸻
🔥 WHY CAKE’S BREAKOUT COULD STICK
1. PancakeSwap V4 incoming – major upgrade to DEX architecture
2. TVL over $2.3B – dominant on BNB Chain
3. DeFi volume exploding – up 132% WoW ($8B–$10B daily)
4. Binance ecosystem spotlight – likely to boost visibility
⸻
📌 FINAL SLICE
CAKE is baking just under a key breakout level. With momentum building, a clean move above $3.10 could ignite a strong trend toward $4.40–$5.00. Structure, volume, and fundamentals are aligned—but patience and precision are key.
What’s your take—ready to ride the breakout, stacking dips, or watching from the sidelines? Let’s hear your CAKE strategy, Binance
#StrategyBTCPurchase #ETHBreaks3700 #BTCvsETH #CryptoMarket4T
