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$CAKE /USDT — Momentum Setup Activated 🔥
Price is hovering around $1.54, and this chart is screaming decision time. After a sharp intraday pullback, CAKE is holding above the Bollinger mid-band, which tells me sellers are losing control. The recent dip looks more like liquidity grab + reset, not a breakdown.
What excites me here is the tight range compression on lower timeframes. This kind of structure usually doesn’t stay quiet for long. Volume is stabilizing, volatility is contracting — classic pre-move behavior. If buyers step in with conviction, CAKE can flip momentum fast.
📈 Long Trade Idea
Entry: $1.52 – $1.54
Stop Loss: $1.48 (clean invalidation)
Targets:
TP1: $1.60
TP2: $1.67
TP3: $1.75
If price holds above $1.50, I stay bullish. A clean push above $1.56 could trigger a fast squeeze as late shorts rush to exit. Lose $1.48, and I step aside — no emotions, just discipline.
This is the kind of setup where patience pays, but hesitation gets punished.
Trade it clean. Manage risk. Let the chart do the talking. 🔥📊
#Cake #WhoIsNextFedChair #BitcoinETFWatch