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$CAKE breakout confirmed🚀Next targets loading…😱🔥
CAKE is showing a clean bullish structure on the lower timeframes.
🔴 Red line (~2.10)
This level acted as strong resistance multiple times (rejections marked in orange). Price failed here before and sellers stepped in.
✅ What changed now?
Price has broken and closed above resistance, turning it into support. This is a classic support–resistance flip, often signaling trend continuation.
👑 Marked zone (~1.90)
This is the demand / liquidity zone where buyers previously stepped in aggressively. As long as price holds above this area, bulls stay in control.
🎯 Bullish targets
2.30
2.43
2.50+
🛑 Invalidation
A strong breakdown back below 2.05–2.00 would weaken the bullish setup.
📌 Market lesson:
Resistance tested multiple times + strong breakout = momentum shift.
Stay patient, manage risk, and let the chart confirm 📈
$CAKE #cake