$CAKE is attempting a bounce after a strong intraday selloff.

Current structure shows higher lows forming on the 15m chart, which supports a short-term recovery move.

Bias: Long

Entry: 1.468 - 1.472

SL: 1.461

TP1: 1.480

TP2: 1.490

TP3: 1.500

As long as price holds above 1.461, buyers still control the rebound setup.

A clean break above 1.475 can accelerate momentum toward 1.49+.

CAKEUSDT

Διην.

1.3326

+2.17%