CAKEAnalysis
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$CAKE /USDT short trade signal 🚦 🛑
BEARISH SIGNAL FLASHING — BULLS LOSING MOMENTUM!
Price action on the 30-minute chart shows rejection from the $1.95 zone, followed by a lower high formation and a sharp red candle breakdown below short-term support. Sellers are starting to regain control, and failure to hold $1.93 could trigger deeper pullbacks.
Trade Setup:
Short Entry: $1.933 – $1.938
Take Profit Targets: $1.920 / $1.910
Stop Loss: $1.950
Market Outlook:
If $1.930 fails to hold, CAKE may revisit lower support levels near $1.91. Volume is fading, and lower highs are forming — clear signs of bearish pressure building up. Momentum traders should watch for a confirmed break before adding size.
Pro Tip: Wait for a 15m candle close below $1.93 to confirm breakdown strength.
#BinanceTrading #CAKEAnalysis #CryptoSignals #BearishSetup #AltcoinUpdate
buy and trade here on $CAKE
BEARISH SIGNAL FLASHING — BULLS LOSING MOMENTUM!
Price action on the 30-minute chart shows rejection from the $1.95 zone, followed by a lower high formation and a sharp red candle breakdown below short-term support. Sellers are starting to regain control, and failure to hold $1.93 could trigger deeper pullbacks.
Trade Setup:
Short Entry: $1.933 – $1.938
Take Profit Targets: $1.920 / $1.910
Stop Loss: $1.950
Market Outlook:
If $1.930 fails to hold, CAKE may revisit lower support levels near $1.91. Volume is fading, and lower highs are forming — clear signs of bearish pressure building up. Momentum traders should watch for a confirmed break before adding size.
Pro Tip: Wait for a 15m candle close below $1.93 to confirm breakdown strength.
#BinanceTrading #CAKEAnalysis #CryptoSignals #BearishSetup #AltcoinUpdate
buy and trade here on $CAKE
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