CAKE just bounced off a long-term support level dating back to 2020, and the RSI is flashing a subtle bullish divergence—suggesting this could be the final dip before a reversal. Historically, CAKE has moved in sync with BNB, and with the broader market heating up, this could be a prime setup for a massive upside move.
If momentum kicks in, we could be looking at a potential 10x rally from here. However, bulls need to defend this zone; a daily close below $1 would invalidate this setup and signal deeper downside risk.
Keep an eye on volume and market sentiment—if we see strength building, this could be the beginning of a major comeback for CAKE.
If momentum kicks in, we could be looking at a potential 10x rally from here. However, bulls need to defend this zone; a daily close below $1 would invalidate this setup and signal deeper downside risk.
Keep an eye on volume and market sentiment—if we see strength building, this could be the beginning of a major comeback for CAKE.
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