🚨 $CAKE /USDT SURGING – BULLISH BREAKOUT IN PLAY
CAKE has hit $1.662, marking a strong upward move as momentum builds. After rebounding from $1.545, the coin is eyeing further upside if resistance levels break.
📊 Key Levels to Watch
🔺 Resistance: $1.662 – A breakout here could push CAKE toward $1.70 and beyond.
🔻 Support: $1.545 – Holding this level is crucial to prevent a pullback.
🎯 Trade Setup – Maximize the Move!
📈 Long Entry: Above $1.662 for targets at $1.70 and $1.75.
📉 Short Entry: Below $1.60 for downside targets at $1.55 and $1.50.
🚨 Stop-Loss: Below $1.54 to manage risk.
💡 Final Thought: CAKE needs to hold above $1.65 to sustain bullish momentum. If buyers step in, expect a push toward $1.70+. Otherwise, rejection could lead to a retest of support.