📈$CAKE (1W)
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!