📈LONG: $CAKE (1W)
#CAKEUSD | #CAKE | #PancakeSwap

Current Price $3.05
Market Cap $869.26M
Change 1h -1.15% | 24h +2.49%

Weekly Indicators:
• RSI: 63 - Neutral 🟠
• MACD: 0.00 - Bullish 🟢
• EMA: 2.16 - Trading Above 🟢

Analysis:
The chart shows CAKEUSD hitting its March and November 2024 highs. After a bearish week, we're eyeing a bounce-back, pegged to last two candle shadows to pinpoint our buy area. It's an exciting setup for those looking to buy the dip and ride the momentum!

Price Targets:
We're eyeing a bullish breakout with targets of $4.61 and $5.39. These levels represent significant resistance, aligning with past highs. It's all about timing the entry to maximize gains while managing risk!