The current price of CAKE is 2.50, trapped in a key support range—below 2.00 and 1.50 are eyeing closely. On the daily chart, we can see the price trying to hold above 2.00, but this structure? To be honest, it's very fragile.

If it breaks through 2.60 cleanly, rushing towards 4.50 is not a dream. But what if it can't hold this position? Then you have to be mentally prepared, as the pullback might come faster than you think. In terms of technicals, at crucial moments, it all comes down to who blinks first.