$CAKE /USDT – Liquidation Alert and Golden Opportunity!
BOOM! Longs Liquidated at $2.540 – $1.23K Crushed!
The bulls got REKT as $CAKE dropped and triggered long liquidations. But smart traders know – where pain hits, opportunity starts.
Here’s the Plan:
Buy Zone:
$2.38 – $2.48
(High confluence with demand zone + liquidation wick zone)
Target 1: $2.66
Target 2: $2.81
Target 3 (Swing): $3.05
(Possibility of explosive reversal if momentum continues)
Stop Loss: $2.29
(Just below the recent liquidity grab and demand zone)
Why Enter Now?
Long liquidations = weak hands flushed.
Price sitting near a major support.
RSI oversold + bounce signs from local demand zone.
Chart Psychology:
When retail runs – whales reload! We might be near a reversal pivot. Don't chase pumps – hunt the dumps.
Ride the wave before it surges! $CAKE is baking something sweet…
Want a chart image to go with this post?
