$CAKE Fresh Breakout Served Hot❗❗ Ready for More❓❓$CAKE just exploded past the $2.50 zone with a clean bullish engulfing candle on the 1h chart signaling strong upside momentum. With volume rising and momentum kicking in, bulls are eyeing continuation!
Trade Setup (1H):
• Entry Zone: $2.60 – $2.64
• TP1: $2.70 ✅
• TP2: $2.82 ⏳
• SL: $2.53
Momentum Insight:
Buy-side volume dominance at 56% suggests the breakout is fueled by conviction. Keep an eye on $2.64+ if it holds, momentum could escalate quickly.