š $CAKE (1D)
Analysis:
The CAKEUSDT daily chart shows the price at $1.907, wedged between support and resistance bands. Key resistance zones are at $2.104 (R1) and $2.440 (R2), while support levels are at $1.494 (S1) and $1.200 (S2). Near-term action will likely oscillate within these levels.
Price Targets:
If breaking above $2.104, look for a move towards $2.440. On the downside, slipping below $1.494 could see a dip towards $1.200. Traders should watch these critical levels for potential breakouts or reversals.
