$CAKE /USDT is showing a strong bullish surge, currently trading at $1.714, up 23.93% in the last 24 hours. The price hit a 24h high of $1.847 after bouncing from a low of $1.369, signaling strong momentum. The 7-day moving average (MA7) at 1.746 suggests a minor pullback, but the 25-day MA at 1.603 and 99-day MA at 1.450 confirm the overall uptrend. Volume is significantly high, with 45.27M CAKE traded, indicating strong buying interest. Traders should watch for a potential breakout above $1.847 for further gains, while $1.661 could act as short-term support. Stay alert to volume fluctuations and moving averages for the best entry and exit points.
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