$CAKE Price Analysis & Key Levels – February 12, 2025
🚀 Current Price: $2.16
📊 24H Change: +7.46%
💰 Market Cap: $450 million
Key Levels to Watch
🔴 Resistance: $2.20 – $2.25
If CAKE breaks this level with strong volume, we could see a push toward $2.50. However, rejection here might lead to short-term corrections.
🟢 Support: $1.80 – $1.85
This zone has provided strong buying interest. If the price drops below, the next major support is around $1.60.
Market Outlook
Bullish Case: A breakout above $2.25 could open the doors for a rally toward $2.50 – $2.60.
Bearish Case: If CAKE fails to hold $1.80, a dip toward $1.60 or lower is possible.
📌 Traders should watch volume and overall market sentiment before making moves.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
