📊 Cake – Weekly Outlook

$CAKE is trading right at a major demand zone ($1.55–$1.60) that has been held multiple times in the past. This area has historically acted as a strong base for reversals.

If buyers step in and defend this level, a mean-reversion move toward the $3.50–$3.80 resistance zone becomes likely. That zone has consistently capped price and will be the key area to watch for reactions.

A clean breakdown below support would invalidate the bullish idea and open the door for further downside.

Patience here — high-risk, high-reward zone.

DYOR | NFA$CAKE trade here👇👇👇👇

CAKE

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