I'm watching $CAKE at 2.317, and today it already showed good strength with +2.98% movement. After a strong green run with a 15m bullish trend, the market took a small pullback and is now trying to build support again.
On higher timeframes like 1H, candles are still showing bullish energy, which tells me momentum is not finished yet. If buyers protect the current area, a bigger move can start again.
Trade Setup (Low-Risk Idea)
• Entry Zone: 2.300 – 2.315
• Target 1 🎯: 2.345
• Target 2 🎯: 2.375
• Target 3 🎯: 2.415
• Stop Loss: 2.280
Why This Setup Looks Good
If 2.330 breaks again with volume, the price can jump fast and turn into a mini rally. Every small pullback is being bought, which shows smart money is silently accumulating.
If there is a clean breakout candle, we can see momentum increase and targets get hit very quickly.
CAKE
2.184
-3.36%