I’m watching $CAKE right after that sharp flush into 2.201, and the chart shows a perfect liquidation sweep a heavy red slide, a final stop-hunt wick, and then a strong V-shaped reversal as buyers slammed back in. The recovery wasn’t slow or hesitant; $CAKE fired straight from the lows and reclaimed the 2.26–2.27 range in one clean burst.
Now CAKE is sitting around 2.268–2.270, holding the top of the rebound with real momentum behind it. Sellers lost control the moment the wick formed, and every tiny dip is getting absorbed fast. If $CAKE holds above 2.255, this push can extend toward the higher micro-resistance levels.
Below 2.238, the bounce weakens.
Entry Zone: 2.255 – 2.272
TG1: 2.285
TG2: 2.305
TG3: 2.331
Stop-Loss: 2.238
Liquidation rebounds move fast trade with timing.
