$CAKE /USDT.

Current Price

$2.639 (+10.51% 24h)

šŸš€ Top Gainer on the day — strong bullish momentum building.

šŸ“Š Market Overview:

MetricValue24h High$2.75024h Low$2.38624h Vol (CAKE)13.44M24h Vol (USDT)$34.07M

Volume and volatility are both surging — typical of a momentum breakout.

šŸ“‰ Technical Indicators (15m Timeframe):

IndicatorValueMA60$2.674MA(5)18,888.41MA(10)19,752.87Recent Vol8,393.95

Price is currently below MA60, suggesting a short-term cooldown after testing resistance at $2.75.

āš”ļø Key Levels:

TypeZoneNotesImmediate R1$2.73–$2.7524h high zone (resistance)Support Zone$2.60–$2.62Local demand & consolidationBreakdown<$2.58Potential intraday fade zone

āš™ļø Trade Scenarios:

šŸ”¼ 1. Breakout Retest Play

Trigger: Reclaim $2.70 with volume

Entry: $2.72

Target: $2.88 → $3.00 psychological

Stop: $2.66

šŸ” 2. Buy the Dip (Scalp)

Buy Zone: $2.60–$2.62

Target: $2.70+

Stop: $2.57

šŸ”½ 3. Short-term Reversal

If rejection @ $2.75 area again

Short Entry: $2.74

Target: $2.60

Stop: $2.78

🧠 Summary:

Trend: Bullish

Current Action: Cooling after hitting key resistance.

Best Strategy:

Look for a reclaim of $2.70 for continuation, or

Buy dip to $2.60 zone with tight stop.

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