$CAKE token is showing signs of a bullish formation, and analysts are optimistic about its potential to break past the $2.10 resistance level.

After facing significant selling pressure and trading around its recent lows, CAKE has recently begun to show recovery momentum, supported by its launch on the Linea Mainnet and weekly token burns, which are reducing its supply.

The key resistance levels CAKE needs to break for continued upward movement are $2.10 and then around $2.50. If it successfully surpasses these levels, it could signal the start of a more sustained rally towards higher targets.

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