$CAKE /USDT snapshot and setup based on your data:

Current CAKE/USDT Snapshot (2025-04-28)

Price: ~$2.05 (+1.63%)

24h High: $2.166

24h Low: $1.957

MA60: $2.043 (price is above MA60 — bullish short-term)

Volume:

12.99M CAKE traded

26.90M USDT — healthy liquidity.

Immediate Order Ladder:

2.062 (resistance)

2.055 (current)

2.049

2.044

2.038

2.031 (support)

Quick Observations:

CAKE bounced well from ~$1.95 to current $2.05.

Price reclaimed above MA60 ($2.043) — shows buying strength.

Volume increasing, supporting the move (good sign for continuation).

Possible CAKE/USDT Trade Setup:

Summary:

Now: CAKE is mild bullish — as long as it holds above $2.04.

Clear Breakout if: Price clears $2.07 with volume, aiming $2.11–2.16 area.

Danger if: Drops below $2.02 — would signal weakness and likely back toward $1.95–$1.98.

Pro Tip:

If you enter now around $2.05, keep a tight stop at $2.02 to protect capital.

A stronger entry is if price retests $2.04 and holds, then you ride the next leg up.

Would you like me to also give a swing trade setup (1–3 days target) for CAKE/USDT in case you are planning longer holding?

It could be interesting based on current momentum! Follow for more updates.

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