$CAKE
BULLISH CONTINUATION OF THE SETUP – GROWTH POTENTIAL IN FOCUS
$CAKE shows signs of bullish strength as the price consolidates near strong support levels around 2.34–2.36. A breakout above short-term resistance near 2.41 may trigger a continuation of the upward trend. Momentum indicators suggest that buying pressure is increasing, which supports bullish movement in the near term.
Trading Setup:
Entry: Above 2.41 on confirmed breakout
Target 1 (TP1): 2.45
Target 2 (TP2): 2.50
Target 3 (TP3): 2.55
Stop-loss (SL): 2.34
Risk Management:
Limit risk to 1–2% of your capital. Carefully monitor price dynamics and adjust SL as the trade develops. $CAKE
CAKEUSDT
Perp
2.2803
+1.69%
