$CAKE
š° $CAKE /USDT ā Eyes on the Pancake Rally! šš„
$CAKE is cooking again ā now trading around $2.62ā$2.65, up +3ā5% on the day! After bouncing strong from the $2.55 support, bulls have printed a series of green 1H candles, reclaiming short-term moving averages and signaling a potential bottoming reversal. šŖ
š Trade Setup:
š¹ Entry Zone: $2.58 ā $2.65
šÆ Targets:
⢠T1: $2.80
⢠T2: $2.96
⢠T3: $3.20
š”ļø Stop Loss: Below $2.50
š„ Analysis:
Momentum is shifting bullish ā if smashes through the $2.80ā$2.90 resistance with volume, expect a sharp breakout toward $3.20+. But if rejection hits, watch for a retest near $2.55.
ā” The setup is heating up ā CAKE is flipping bullish and could serve a sweet breakout soon! š°š
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