$CAKE /USDT ā SHORT TRADE SIGNAL š“
REJECTED FROM $2.26 RESISTANCE
LOWER HIGHS & BEARISH STRUCTURE
BREAKDOWN THREAT LOOMS BELOW $2.15
$CAKE is under sustained pressure as price continues to print lower highs and lower lows. The 4H chart shows clear bearish continuation with volume increasing on red candles, hinting at a potential flush below support.
š“ Trade Setup
⢠Entry Point: $2.18 ā $2.22
⢠Stop Loss: $2.26
⢠Take Profit: $2.08 / $1.98
⢠Margin: 2ā3%
⢠Leverage: 10x
Market Outlook: If $2.15 fails to hold, sellers may target sub-$2.00 levels. Bounce attempts remain weak and quickly sold into.