The Next Big Altcoin Reversal? $CAKE Ready for a Massive Bull RuThe Next Big Altcoin Reversal? NASDAQ:CAKE Ready for a Massive Bull Run
#CAKE is breaking out from a strong falling wedge after a long accumulation phase. Smart money is showing interest as price shifts from bearish to bullish structure.
Support: $2.30 – $2.50
Resistance: $9.30 / $18.70 / $38.40
A weekly close above $3 could trigger a major trend reversal with potential upside of 900%+ in the long term.
SMC & ICT Insights:
Break of Structure confirmed on HTF
FVG support around $2.40–$2.55
Liquidity targets above $9.30 and $18.70
CAKE looks ready for a multi-month bullish run if it holds current levels.
NFA & DYOR
Pancakeswap
CAKE in Major Demand Zone!!CAKE has been following the Fibonacci Fan and has been forming a triangle too. Now, it has reached a major demand zone and is going to touch the 0.618 level on the Fibonacci on the daily chart. It might retrace back from here and go for a new higher high. Pancake Swap must be having something good upcoming.
Technical Analysis of PancakeSwap 'CAKE USDT' in a 4 hour TF 'CAKE' USDT is making an Ascending Pattern in a 4 Hour TF.
Yellow line is the Trendline Resistance, and for Cake to go Bullish it needs to give a breakout past this line. Next Resistance zone is marked in Grey at 26
Support zone is at 16.80 - 17.80, if there is a pullback, it needs to Hold the price at this range, or else Support would be broken, and we might see a correction, with next support at 15.
U can also hold this coin in spot Trade for a short term.






