$CAKE Breakout Watch Eyeing the $3 Mark....
$CAKE is baking up a bullish breakout, trading at $2.927 with a solid +10.33% gain today. The 4H chart shows strong upward momentum as price climbs toward the psychological $3 barrier.
CAKE Trade Setup – Momentum Push
Entry Zone: $2.890 – $2.940
Stop Loss: Below $2.800
Target 1: $3.050
Target 2: $3.220
Target 3: $3.450
Momentum is heating up if CAKE breaks and holds above $2.95, it could trigger a strong rally. Keep it on your radar!