*CAKEUSDT – Swing Trade Analysis (4H)*
CAKE has broken out of the multi-month descending trendline with strong bullish momentum.
Several CHoCH + BOS confirmations along the way — indicating demand shift.
Price is now retesting the breakout zone and flipping a key resistance into support.
Entry Zone: $2.50 – $2.40 (ideal retest zone post-breakout)
🔐 Stop Loss: $2.13 (below structure and 4H demand block)
1️⃣ Target 1: $2.65
2️⃣ Target 2: $3.00
3️⃣ Target 3: $3.50+
