#CAKEUSDT 1D
#CAKE is currently trading inside a falling wedge pattern on the daily chart.
In case of a breakout above both the daily SMA50 and the wedge resistance, the following upside targets could come into play:
🎯 $1.483
🎯 $1.702
🎯 $1.879
🎯 $2.055
🎯 $2.307
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
June 7, 2026 881 9
