CAKE Eyes 22% Upside Toward $4.60 on Key Breakout

[MadWhale]

Fundamental analysis:
CAKE.PAD adds a new way to access early projects while making CAKE more deflationary. If usage grows, it could strengthen CAKE’s long-term value trend.

Technical analysis:

CAKEUSDT
sits between key monthly support and resistance, with support aligning to Fibonacci levels. Holding this zone and breaking above resistance could fuel a 22% upside, targeting $4.60.