CAKE Key Takeaways
A breakout from a falling wedge signals bullish momentum.
Price reclaiming 0.618 Fibonacci hints at further upside.
RSI spikes into overbought territory, suggesting strong demand.
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PancakeSwap (CAKE) shows a notable breakout after completing a corrective pattern.
The daily chart suggests a broader trend shift, while the lower time frame reveals immediate upside potential with key resistance and Fibonacci levels in play.
