$CAKE - Price Analysis (Update)
Currently in a very neutral zone on H4.
Short- to medium-term: possible bearish retest of the trend ⚠️
Key for bulls: Need a break above $2.430.
On the higher time frame, the structure looks bullish/ascending on the daily 📈
Short term remains tricky, but overall I’m bullish above $2.100 and the lower daily uptrend.
Important levels to watch: 🎯
Support: $2.260 / $2.140 / $2.100 / $1.900
Resistance: $2.430 / $2.580 / $2.850
Price action could stay sideways for several more day⚠️.
Keep monitoring trends and patterns!
