idk why but i think cake made a bullish flag pattern i think these scenarios can happen to cake !
Just found These Pivots by MACD Indicator ! I think this is happening to CAKEUSDT!
CakeUSDT in Daily Timeframe made an double bottom "ADAM & EVE"pattern and broke the resistance line now is retesting the line. This makes it Extra-bullish! Cake has great potentials to jump from here.
As the recent correction end it made higher low Pivot and now put the price in an uptrend channel ! hope see Moon Cake !