$CAKE BREAKOUT OR PULLBACK?

CAKE is trading at $2.54, up 39.34%, showing strong momentum but facing resistance. Can bulls push higher, or will sellers take control?

Key Levels to Watch

Resistance: $2.60 – A breakout above this level could push CAKE toward $2.68 and $2.75.

Support: $2.50 – Losing this level may trigger a drop toward $2.44 and $2.38.

Trade Setup – Maximize the Move!

Long Entry: Above $2.60, targeting:

• TP1: $2.68

• TP2: $2.75

Short Entry: Below $2.50, aiming for:

• TP1: $2.44

• TP2: $2.38

Stop-Loss: Above $2.62 for shorts, below $2.48 for longs.

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