$CAKE

/USDT Technical Analysis: Aiming for New Heights 🚀

The CAKE/USDT pair is showing strong momentum, up 8.89% in the last 24 hours, currently priced at $3.502. After bouncing off the 24h low of $2.950, we are witnessing a bullish push. Here’s a closer look at the potential targets for the upcoming sessions:

🎯 Target 1: $3.600

The first key resistance is at $3.600. If CAKE continues its upward momentum, this level could be tested and potentially broken.

🎯 Target 2: $3.700

A break above $3.600 opens the door to $3.700. This target aligns with the recent market dynamics and could offer further bullish opportunities.

🎯 Target 3: $3.800

For more aggressive traders, $3.800 is a psychological level to watch. A push to this point would mark a significant breakout in the market.

Key Support Levels:

$3.400 (Immediate Support)

$3.300 (Stronger Support Zone)

Market Volume:

With 21.59M CAKE traded in the last 24 hours and 70.54M USDT in volume, the market remains active, indicating potential for further price action.

Stay tuned for more updates, and always trade wisely! 🚀📊

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