$CAKE/USDT BULLISH LONG SETUP
Analysis:
$CAKE has shown strong upward momentum after rebounding from the 3.67 support and surging past multiple resistance levels. The breakout above 4.05 confirms bullish strength, supported by rising volume and consistent higher lows. The current structure indicates potential continuation toward the next resistance zones as buyers remain dominant.
Entry (Long): Above 4.15 after confirmation or minor pullback.
Targets (TP):
TP1: 4.28
TP2: 4.37
TP3: 4.39
Stop Loss (SL): Below 3.93
Technical Outlook:
Momentum remains firmly bullish as long as price sustains above 4.00. A breakout over 4.28 could trigger accelerated gains toward 4.39. A drop below 3.93 would weaken the setup and invite short-term correction.
Risk Management:
Risk only 2–3% of total capital per trade, keep SL strict to protect downside, and trail stop after TP1 to secure profits.
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