Chart Request: #CAKE


$CAKE is trading inside a symmetrical triangle on the 4H timeframe and has seen a strong reaction from the ascending trendline support. $CAKE is attempting to reclaim the 9 EMA, showing buyers are stepping in.
A confirmed breakout above the triangle resistance could trigger the next leg higher. Until then, watch for continued higher lows and a clean breakout before entering.
CAKE0.38%
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