2025-12-21 17:21:40

CAKE remains above the lower boundary of the symmetrical triangle on the weekly chart, which is a key support level.

From the market perspective, buying pressure is forming a strong defense here—bulls are gradually taking control. Once this rebound is confirmed, CAKE is likely to launch an attack towards a higher price range. Once this pattern breakout is established, the upward potential could be quite considerable.

CAKE-3.66%

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ContractCollector

· 3h ago

Long positions are in place for defense, it just depends on whether they can really break through. It still feels a bit uncertain.

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ImpermanentSage

· 3h ago

Well, the trap of the isosceles triangle rhetoric is back again. Every time, they say the pattern has broken through with promising potential, but what’s the result?

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SchroedingerGas

· 3h ago

That's right, this time CAKE is really different, long positions are holding this position and won't let go no matter what.

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GasWaster

· 3h ago

lol holding that support line like it's my last gwei... watched the chart for 3 hours instead of optimizing my portfolio, classic move

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