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$CAKE is currently trading at $2.859, showing a +23.87% surge in the past 24 hours. The price hit a high of $3.416 before retracing to a low of $2.288, indicating strong volatility. The MA7 ($2.910) and MA25 ($2.970) suggest resistance near the short-term moving averages. A breakout above $2.95 could push CAKE toward $3.10–$3.20, while failure to hold $2.80 may lead to further downside testing at $2.70. Volume remains high, signaling active market participation, but caution is advised as momentum stabilizes.
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