Technical analysis by SwallowAcademy about Symbol CAKE: Buy recommendation (10/29/2025)

CAKE is testing the lower boundary of the ascending channel again, which has been acting as solid support for months. As long as price holds above this trendline, we can still expect a bounce from here and continuation toward the upper range. Buyers just need to defend this zone — if they do, we might see a strong move back toward $4.5. Swallow Academy