$CAKE Rejection at Resistance — Momentum Shifting Bearish ⬇️📉
$CAKE is facing clear rejection from the upper resistance zone following a recovery move. Price is losing momentum, sellers are stepping in, and a potential downside continuation appears likely.
📍 Short Setup (Bearish):
· Entry Zone: 1.86 – 1.90
· Take-Profit Targets: 1.83 → 1.70 🎯
· Stop-Loss: 1.92
Rejection is evident and momentum is cooling. Trade with caution and confirm the break before entering.
Resistance held. Sellers returning. Ready to align with the move? ⚡ $CAKE
CAKE
1.843
+3.01%