CAKEUSDC
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$CAKE /USDC – BEARISH RETEST AT LOCAL SUPPLY ZONE
REJECTION NEAR $2.176
LOWER HIGH FORMATION INTACT
FADING MOMENTUM BELOW $2.160
$CAKE bounced from $2.119 but is now facing resistance around $2.157–$2.176 — a key supply zone from the prior breakdown. The current structure suggests sellers may step in again if price fails to break above this level.
🔴 SHORT TRADE SETUP
Entry: $2.157
Target: $2.125
Stop Loss: $2.178
A failed breakout here could trigger a move back toward recent lows as bearish structure remains dominant.
#CAKEUSDC #DeFiTokens #BearishSignal #BinanceFutures #CryptoSetup
REJECTION NEAR $2.176
LOWER HIGH FORMATION INTACT
FADING MOMENTUM BELOW $2.160
$CAKE bounced from $2.119 but is now facing resistance around $2.157–$2.176 — a key supply zone from the prior breakdown. The current structure suggests sellers may step in again if price fails to break above this level.
🔴 SHORT TRADE SETUP
Entry: $2.157
Target: $2.125
Stop Loss: $2.178
A failed breakout here could trigger a move back toward recent lows as bearish structure remains dominant.
#CAKEUSDC #DeFiTokens #BearishSignal #BinanceFutures #CryptoSetup
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