$CAKE / USDT — Short Continuation Setup (1H)

$CAKE is facing strong selling pressure near the 1.90 resistance after a weak recovery, signaling downside continuation risk. Bullish follow-through remains limited, keeping sellers in control.

Trade Setup:

🔻 Direction: Short

⏱ Timeframe: 1H

🔻 Entry: 1.885 – 1.905

Targets:

🎯 TP1: 1.860

🎯 TP2: 1.835

🎯 TP3: 1.800

Stop Loss: ⛔ Above 1.930

As long as price stays below the 1.90 resistance zone, further downside toward lower support levels is favored. Secure partial profits and manage risk carefully.

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CAKEUSDT

دائم

1.5422

-4.39%