🚀 LONG STRATEGY: $CAKE /USDT
After analyzing the structure on the 15M and 4H charts, CAKE is showing healthy consolidation after its recent pump. We're looking for bullish continuation towards macro supply zones.
🎯 ENTRY ZONE:
Ideal (Retest): $1.485 - $1.500
Confirmation (Breakout): Close above $1.525
🛑 STOP LOSS (Invalidation):
Level: $1.450 (Close of 4H candlestick below)
💰 TAKE PROFIT (Targets):
TP1: $1.550 (Immediate resistance)
TP2: $1.585 (Liquidity zone)
TP3: $1.620 (Main target)
⚖️ Risk/Reward: 1:2.5
⚠️ Management: Move to Break Even after hitting TP1.
#CAKE #BinanceSquare #TradingSignals #CryptoAnalysis #W2E
After analyzing the structure on the 15M and 4H charts, CAKE is showing healthy consolidation after its recent pump. We're looking for bullish continuation towards macro supply zones.
🎯 ENTRY ZONE:
Ideal (Retest): $1.485 - $1.500
Confirmation (Breakout): Close above $1.525
🛑 STOP LOSS (Invalidation):
Level: $1.450 (Close of 4H candlestick below)
💰 TAKE PROFIT (Targets):
TP1: $1.550 (Immediate resistance)
TP2: $1.585 (Liquidity zone)
TP3: $1.620 (Main target)
⚖️ Risk/Reward: 1:2.5
⚠️ Management: Move to Break Even after hitting TP1.
#CAKE #BinanceSquare #TradingSignals #CryptoAnalysis #W2E