$CAKE USDT is skyrocketing, currently trading at $3.03 (+2.82%) after bouncing strongly from the $2.891 support level. The price has just printed a 24h high of $3.061, indicating renewed buying pressure and momentum shift in favor of the bulls. The sudden surge in green candles on the 15-minute chart highlights aggressive accumulation, suggesting that buyers are stepping in decisively after a brief consolidation phase.

Trade Setup

• Entry Range: $3.00 – $3.04

• Target 1: $3.08

• Target 2: $3.12

• Target 3: $3.18

• Stop Loss (SL): $2.96

$CAKEUSDT is showing a sharp upward push, reclaiming key intraday resistance levels with volume picking up strongly. Sustaining above $3.00 will confirm continued bullish dominance, potentially propelling the pair further into a higher breakout zone. The short-term outlook remains strongly bullish, favoring continuation toward upper resistance levels if momentum holds.