$CAKE /USDT – PULLBACK BEFORE NEXT MOVE?

Price: $2.72 | 24h High: $2.948 | Volume: 30.04M

$CAKE surged to $2.948 but is now cooling off slightly, forming a healthy pullback after a strong breakout. If it holds above the $2.66–$2.70 support range, bulls might push for another leg up.

Trade Setup:

Entry Zone: $2.68 – $2.72

Target 1 (TP1): $2.88

Target 2 (TP2): $3.00

Target 3 (TP3): $3.15

Stop-Loss (SL): Below $2.63

Why Long?

Sharp bullish breakout with strong volume

Reversal zone forming at previous resistance-turned-support

Momentum still favors buyers if $2.70 holds

Watch $2.74 reclaim to confirm upside continuation!