$CAKE
CAKEUSDT
Perp
2.1552
-4.20%
BULLISH CONTINUATION – TARGETS AHEAD
$CAKE is showing bullish momentum after holding key support near 2.206. Price action is forming higher lows, indicating buyers are in control and preparing for a continuation toward resistance levels.
Entry Zone: Enter on pullbacks near 2.250–2.260 or on a confirmed breakout above 2.274.
Targets (TP):
TP1: 2.300
TP2: 2.350
TP3: 2.400
Stop Loss (SL): 2.200
Risk Management: Limit risk per trade to 1–2% of capital. Monitor volume for confirmation and trail stop loss as price approaches targets.