$CAKE – PancakeSwap

CAKE got hit with a long liquidation at $1.88262, right after optimism peaked. That is usually where trends pause and smart money collects what panic sellers leave behind.

Trade Plan

Entry (EP): $1.85 – $1.89

Targets (TP):

• $2.05

• $2.28

• $2.60

Stop Loss (SL): $1.72

Market View: If $CAKE reclaims $1.92 with volume, the entire dip becomes a trap and the next leg higher starts quietly.

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$CAKE

CAKE
CAKE
1.674
-10.48%