🤖 AI Insight

Based on the 4h chart of CAKEUSDT, here's my analysis:

- The price has formed a short-term uptrend, with the EMA7 above EMA25, indicating a possible bullish trend.
- RSI14 is at 57.98, which is in the neutral zone, suggesting the price is not overbought or oversold.
- MACD is positive, with a reading of 0.033875589832348, indicating a weak bullish momentum.
- Given the increasing volume trend and the price above EMA25, I recommend a long entry when the price breaks above the Resistance level of 2.948 and closes above that level.

Best Long/Short Entry Prices:
- Long entry: 2.95 - 2.96 (above the Resistance level)
- Short entry: 2.55 - 2.48 (below EMA25 and the recent support level)

Best Spot Buy Price:
- Based on the analysis, I would recommend buying CAKEUSDT at around 2.80 - 2.85, as the price is trading above EMA25 and the RSI14 is in the neutral zone, which reduces the risk of a significant price drop.

Please note that this analysis is based on technical indicators and does not take into account fundamental analysis or other market factors.