#CAKEUSDT

$CAKE is forming a solid upward trend line and is currently approaching a key resistance zone between $2.70 and $3.00. The price action suggests a possible bullish continuation if this zone is successfully broken.

Scenario:

If the price consolidates above $2.00 and gains momentum, we could see a breakout above resistance, targeting the $3.40 region — a move that represents a potential gain of 54% from the current structure.

Trend: Constant bullish structure with higher lows — a breakout pattern is forming.

Key levels:

• Support: $1.80–$2.00 ✅

• Resistance: $2.70 → $3.00 ❌

• Target: $3.40

Be on the lookout for a clean breakout above resistance with strong volume — this could trigger the next bullish momentum.