$CAKE E is heating up fast! After holding strong support around $2.40, bulls have just triggered a powerful breakout, with a 1H candle pushing price to a new 24H high of $2.542.
With momentum rising and a 30-day gain of +26.80%, $CAKE is showing strong signs of reclaiming upside strength.
📊 Trade Setup (1H):
• Entry Zone: $2.50 – $2.52
• TP1: $2.65
• TP2: $2.80
• Stop-loss: $2.44
💡 Watch Closely:
If cake closes above $2.55 on the hourly, it could trigger another leg up. Monitor volume confirmation — strength here could bake in even sweeter gains. 🍰
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