CAKE/USDT — The Bulls Are Waking Up

CAKE just broke free from its consolidation zone on the 4H timeframe with a powerful impulsive move originating from higher-level demand regions. The shift in momentum has been unmistakable—buyers have shown up in force after a period of deliberate accumulation near the lows.

What's particularly noteworthy is how cleanly the price action has transitioned from distribution to markup mode. The accumulation phase wasn't subtle either; institutions were clearly stacking at depressed levels while retail stayed skeptical. Now with fresh buying pressure coming in, the structure is setting up for potential upside momentum.

The technical picture is saying one thing loud and clear: the bears had their shot, and they didn't capitalize. When you see this kind of reversal after solid accumulation, it typically attracts fresh capital into the move.

Keep an eye on how price holds above this breakout zone. If bulls can maintain conviction here, we might see a meaningful extension higher.