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🎯 $CAKE /USDT 4H Technical Analysis — PancakeSwap Eyes a B

koinmilyoner

Updated at: a day ago

{"content":"🎯 $CAKE /USDT 4H Technical Analysis — PancakeSwap Eyes a Breakout? PancakeSwap’s native token CAKE is pushing into resistance at $2.48–$2.50, threatening to break a multi-day consolidation range. With EMAs lining up favorably, a trend shift may be cooking — and traders are starting to take notice. 🧠 Key Technical Insights: 🔹 EMA Compression Completed: Price is now above all major MAs:   • MA7: 2.450   • MA25: 2.393   • MA99: 2.440 Bullish alignment is forming — especially with MA25 and MA99 flattening and beginning to curl upward. 🔹 Cup-and-Handle Vibes: Price action since May 27 resembles a rounded cup, with current movement forming a tight handle. Breakout from this pattern could ignite a measured move toward $2.70–$2.75. 🔹 Support Structure: Immediate support: $2.44–2.45 (EMA cluster) Key base: $2.36, holding as higher low since June 1st 🚀 Upside Targets if Breakout Holds: $2.56–2.58: Minor resistance (recent wick highs) $2.68–2.75: Clean extension zone from previous breakout ⚠️ Risk Levels: Breakdown below $2.44 would put pressure back on bulls. Failure to break $2.50 resistance may trigger short-term range chop. 💬 Summary: CAKE is primed for a breakout — but bulls must flip $2.50 into support. A confirmed breakout could open the door toward $2.70+. Short-term momentum favors upside while structure remains intact. ⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/05/2402af4b5dbf48929c949a02722bd244.png"],"tags":[],"tradingPairs":["CAKE/USDT"],"quotearticleid":0}

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