📈 $Cake Trade Setup (Spot)
🔹 Entry Zone: 2.33 to 2.42
Buy between $ for an optimal low-risk entry.
🛑 Stop-Loss:
Place at -8 to protect capital against unexpected downside.
🎯 Profit Targets:
Target 1: $2.47 → Move stop-loss to breakeven
Target 2: $2.56
Target 3: $2.68 🚀
📊 Risk/Reward Ratio:
Approximately 1:1 — high potential return vs. controlled risk.
🔄 Strategy Notes:
Once Target 1 is hit, shift your stop to entry level and let the rest ride. Lock in profits as momentum builds.
⚠️ DYOR – Do Your Own Research
This is not financial advice. Markets can be volatile — always trade responsibly!