CAKE, the native token of PancakeSwap, has pulled back after a significant breakout from a multi-month triangle consolidation. The token is currently trading at $3.82, marking a 12.3% decline over the past 24 hours. During this period, CAKE's price fluctuated between $3.78 and $4.39. Analysts are closely watching the $3.7–$3.8 range as a potential support zone, with $2.9–$3.0 also identified as a key level on the weekly chart. The breakout was accompanied by a trading volume of 12.72 million, which has since decreased as the market adjusts to the recent price movements.