CAKE price signals a bullish reversal journey, setting the stage for a potential breakout rally.
Daily chart forms a cup and handle pattern, indicative of a bullish fightback for trend control.
Bullish pattern breakout could propel CAKE price to $3.5, fueled by a recent recovery phase.
Recent bullish candles hint at a reversal, attracting buyer interest above the crucial $2 mark.
Long-term trend reveals a cup and handle pattern with a neckline at $2.74.
RSI signals a bullish revival with a rounding reversal, suggesting growing underlying demand.
Current price at $2.32 with a 1.73% intraday gain, indicating strengthening bullish momentum.
Possibility of a bullish breakout beyond $2.74, while failure could lead to a drop to $1.60 support.
Daily chart forms a cup and handle pattern, indicative of a bullish fightback for trend control.
Bullish pattern breakout could propel CAKE price to $3.5, fueled by a recent recovery phase.
Recent bullish candles hint at a reversal, attracting buyer interest above the crucial $2 mark.
Long-term trend reveals a cup and handle pattern with a neckline at $2.74.
RSI signals a bullish revival with a rounding reversal, suggesting growing underlying demand.
Current price at $2.32 with a 1.73% intraday gain, indicating strengthening bullish momentum.
Possibility of a bullish breakout beyond $2.74, while failure could lead to a drop to $1.60 support.