$CAKE 🔥 🔥 BULLISH 🚀 🚀

✅ CAKE/USDT TRADE SETUP – “The Rising Batter”

Current Price: $2.557 USDT

24H Volume: $19.44M USDT

Technical Overview:

Chart Pattern:

🧁 Rounded Bottom forming on 4H timeframe

📉 Downtrend Exhaustion – price is holding above $2.40 support

💹 Volume: Gradually increasing on green candles

📊 RSI (4H): Around 50 – neutral but curving upward

📈 MACD: Bullish crossover brewing

📏 Bollinger Bands: Narrowing = volatility squeeze incoming

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Key Technical Levels

Entry Zone:

✅ $2.52 – $2.58 USDT

(Inside the base + above demand area)

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Targets:

🎯 TP1: $2.85 – Local resistance from April

🎯 TP2: $3.15 – Psychological + Fib 0.382

🎯 TP3: $3.48 – Measured move from rounded bottom breakout

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Stop-Loss:

🛑 $2.39 – Below support & pattern base

Risk Management:

R/R Ratio: ~1:3

Position Type: Swing trade (3–5 days hold)

Bias: Bullish if it holds above $2.50 + volume confirms move