$CAKE / USDT — Bearish Continuation Setup 🔥

CAKE just lost the $2.00 psychological level, and the market didn’t hesitate to punish late longs. Momentum has clearly shifted in favor of sellers.

📉 Trade Bias: SHORT

🎯 Entry Zone: 1.88 – 1.92

🎯 Targets:

• TP1: 1.82

• TP2: 1.75

• TP3: 1.68

🛑 Stop Loss: 2.00

📊 Why this works:

– Clean breakdown below $2.00

– Lower highs & lower lows on the 1H structure

– Bearish momentum remains strong, no buyer reclaim yet

– Previous support now acting as resistance (1.95 – 2.00)

⚠️ As long as CAKE stays below 1.95–2.00, rallies are sell opportunities. Expect continuation pressure toward the 1.82 → 1.68 demand zone if bears stay in control.

📌 Trade with risk management. Let price come to your zone — don’t chase.

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