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🍰 $CAKE /USDT Daily Chart – Momentum Reignites Current Pr

Monnie Brunt OkvK

Updated at: 6 hours ago

{"content":"🍰 $CAKE /USDT Daily Chart – Momentum Reignites Current Price: $3.226 Daily Gain: +4.54% 🔍 Market Overview PancakeSwap (CAKE) is cooking up something big again. With a fresh breakout above $3.00, we’re seeing a classic reversal pattern come to life after months of sideways battering. 📈 Bullish Structure MA Crosses Confirmed: MA7 ($2.857) > MA25 ($2.562) > MA99 ($2.342) — solid bullish alignment Strong continuation pattern after reclaiming the $3 psychological level Volume buildup suggests momentum is not a fakeout 🎯 Upside Targets Target 1: $3.65 — Previous local resistance zone (Feb 2025 spike) Target 2: $4.10 — Major swing high from Dec 2024 Target 3: $5.00+ — Psychological level and final resistance before blue-sky breakout 🛡️ Support Zones $3.00 — Psychological and breakout retest zone $2.60 — MA cluster and base support $2.35 — 99 MA long-term floor ⚠️ Risk Note CAKE has been volatile historically. A fakeout above $3 without confirmation could lead to sharp pullbacks. Keep stop-losses tight below $2.85 if scalping. 💬 Conclusion CAKE is breaking out of its slumber. With clean technicals and volume behind it, we could be in for a sweet ride. If bulls hold the spatula, a revisit to $4+ isn’t far-fetched. 🧁🚀 #Write2Earn ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/28/b74892b8824cd7665c133c48e13a09f5.png"],"tags":[],"tradingPairs":["CAKE/USDT"],"quotearticleid":0}

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