$CAKE /USDT — SHORT SETUP 📉

$CAKE has confirmed bearish momentum following a decisive breakdown below the 2.00 psychological level. Market structure on the 1H timeframe continues to print lower highs and lower lows, indicating sellers remain in control.

Trade Plan:

Direction: Short

Entry Zone: 1.88 – 1.92

Stop Loss: 2.00

Targets:

🎯 TP1: 1.82

🎯 TP2: 1.75

🎯 TP3: 1.68

As long as price holds below the 1.95–2.00 resistance zone, further downside toward the listed support levels remains likely. Manage risk accordingly. ⚠️📉

#Cake #CryptoSignals #binancetrading #ShortSetup

CAKE

1.856

-9.46%