📊$CAKE (1D)
Analysis:
CAKE's recent liquidity sweep and subsequent -50% drop present a strategic opportunity to dollar-cost average (DCA) after addressing imbalanced zones. The market is primed for potential gains, making this a favorable moment to consider SPOT investments.
Price Targets:
Keep an eye on potential targets at 3.20 and 4.00, with resistance possibly hitting around 4.50. If downward trends resume, support might stabilize near 1.50.