$CAKE is trading around 2.158, cooling off after a solid push higher and now consolidating above key demand. Buyers have defended this zone before and as long as price holds above support, the structure stays constructive.

Support Zone

2.12 – 2.14

Key Invalidation

2.08

Upside Levels

Resistance 2.20 – 2.22

TP1 2.28

TP2 2.35

Bias remains cautiously bullish while price stays above support. A clean break and hold above 2.22 with volume can unlock the next leg higher. Momentum and volume will be the trigger. Stay patient. Trade the levels 🎯

#USJobsData #BinanceBlockchainWeek

CAKE
CAKE
2.045
-4.61%