CAKE/USDT (1h) Continuing Inside a Rising ChannelCAKE / TetherUSBINANCE:CAKEUSDTuser0_0xCAKE/USDT remains inside a well-defined ascending parallel channel on the 1H chart, with price consistently forming higher highs and higher lows while respecting both channel boundaries. Price is currently trading around $2.76, close to the channel’s midline after recently testing the upper half of the structure. As long as the rising support remains intact, the broader short-term structure stays bullish, with the next upside area around $2.90–$3.00 near the upper channel boundary. A rejection from the mid/upper part of the channel could lead to another pullback toward $2.68–$2.72, while a confirmed breakdown below the lower trendline would weaken the bullish channel structure.