๐Ÿšจ Technical Analysis โ€“ย $CAKE ย (4H Chart)


๐Ÿ“ Current Price: 2.459 USDT

๐Ÿ”น Price has broken the downtrend and is consolidating above the 2.40 support zone, showing early bullish signs.


๐Ÿ“Œ Trade Type: Spot

$CAKE

๐Ÿ“Œ DCA Buy Zones:

โ€“ First Buy Zone: 2.40 โ€“ 2.45

โ€“ Second Buy Zone: 2.30 โ€“ 2.35

โ€“ Third Buy Zone: 2.20 โ€“ 2.25


๐ŸŽฏ Targets:

2.55 โžก 2.65 โžก 2.85 ๐Ÿš€


โšก A 4H close above 2.50 may open the way for higher levels.

โŒ A break below 2.30 would invalidate the bullish scenario.


โš  Disclaimer: This analysis is for educational purposes only and does not represent financial advice.



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