$CAKE /USDT – SHORT TRADE SIGNAL 🔴

RALLY FADES NEAR RESISTANCE – LOWER VOLUME – SELL PRESSURE BUILDING

BEARISH STALL NEAR $2.19 ZONE

After a swift bounce from $1.938, $CAKE has lost momentum below the key $2.20 resistance zone. Price action is now ranging sideways with multiple wicks and reduced bullish volume, hinting at buyer exhaustion and potential reversal.

🔴 Short Setup

Entry Zone: $2.17 – $2.19

Take Profit (TP): $2.02

Stop Loss (SL): $2.23

📉 Market Outlook:

Momentum has cooled off and a breakdown below $2.15 could trigger a sell-off back toward $2.00. Watch for rising red volume as confirmation.

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