🚀 $CAKE /USDT – Bullish Pressure Holding Above $2! 🚀
📈 Current Price: $2.005 (+3.24%)
🔥 Market Structure:
• Smooth uptrend with higher lows forming
• Strong bounce from $1.96 zone shows demand
• Testing the $2.02 resistance zone again
🎯 Trade Setup:
• Entry Zone: $1.98 – $2.005
• TP1: $2.05
• TP2: $2.12
• TP3: $2.20
• Stop Loss: Below $1.95
⚠️ Why This Setup Matters:
• Bullish engulfing candle indicates momentum
• Consolidation above $2 can flip it into support
• DeFi tokens are regaining traction this week
💡 Pro Tip:
Wait for a solid candle close above $2.02 for confirmation — this could ignite a fresh rally!
DeFi season might just be starting — don’t sleep on $CAKE!
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