$CAKE Short Liquidation Alert

A $5.7117K short position on $CAKE has been liquidated at $3.7826, signaling a short squeeze as bears got forced out of their positions. This liquidation indicates growing bullish momentum, with buyers stepping in aggressively to drive prices higher.

If $CAKE holds above $3.75, it could target the $3.85–$3.90 range next. However, if momentum fades, minor pullbacks toward $3.70 may offer fresh entry opportunities for bulls.

📊 Liquidation Type: Short

💰 Amount: $5.7117K

💎 Price: $3.7826

⚠️ Implication: Bullish momentum strengthening after short squeeze

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