🔥 CAKE Breaking Out Of 20-Month Bear Trend

Shortly after CAKE hit Binance, we saw a massive move upwards. However, CAKE quickly started selling off from which it never really recovered.

CAKE has been selling off now for the better part of 20 months, trading below and reversing from the dotted resistance line.

As of this week, CAKE has finally broken the perpetual downtrend and is looking slightly bullish even. My targets are in blue.