2026-01-16 16:20:43

CAKE is forming an interesting setup on the weekly timeframe. The price is holding near the lower edge of a symmetrical triangle, and you can see solid buying pressure starting to show up at this support level. The bulls seem to be taking the reins here.

If we get a confirmed bounce off these levels, expect CAKE to make a significant move upward. It's worth keeping an eye on how price reacts at this point — a break higher could trigger some serious momentum.

CAKE0,49%

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bridgeOops

· 01-19 15:04

Uh... another symmetrical triangle. Every time I hear this kind of talk, can it really break out?

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ser_ngmi

· 01-19 13:44

Wait a minute, once this triangle breaks, we have to rush in. Can CAKE really take off this time?

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LiquidationWatcher

· 01-18 22:46

ngl the triangle setup looks clean but i've seen this movie before... 2022 called, it wants its false breakout back. just saying, watch that health factor if you're holding leverage rn

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FantasyGuardian

· 01-17 13:59

The feeling of matching the chart, it seems like CAKE is really about to take off this time.

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JustHodlIt

· 01-16 16:48

Yes, this triangle consolidation is indeed interesting. If it can break through next week, there might be a good wave of market movement. The support level has quite a strong buying interest on this side, so it feels promising.

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CryptoGoldmine

· 01-16 16:47

Symmetrical triangle bottom accumulation phase, the trading volume data at this position is the key. Interestingly, the last time a similar technical pattern appeared, the ROI return cycle was about 6 weeks. The current question is whether the mining profit ratio can support this wave of upward momentum.

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TradFiRefugee

· 01-16 16:40

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QuietlyStaking

· 01-16 16:33

Wait a minute, can the bottom of this triangle really hold up, or is it just another illusion?

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