🔷️ There is a clear change in the $CAKE structure compared with the previous analysis. 👀
Previously, price was still moving inside the long-term accumulation range, with momentum lacking a decisive catalyst. This time, we have a strong expansion move out of that base and a clear reclaim of the resistance area.
The important part is not the spike itself, but whether #CAKE can hold above the breakout zone and build a stronger structure from here. 📈
If buyers continue defending the reclaimed area, the higher resistance levels on the chart could come back into focus. For now, the breakout has materially improved the structure, but confirmation remains important. 🔎
⚠️ This is not financial advice.
#CAKE #Bitcoin #Ethereum #Crypto
