$CAKE /USDT – Minor Dip, Possible Bounce Setup
Current Price: $2.26 (down 0.57%)
$CAKE has pulled back slightly after reaching a 24-hour high of $2.301, now hovering near its recent low of $2.252. The price is moving within a tight consolidation range. With 24-hour volume at just 2.20 million CAKE, it appears buyers are waiting for a stronger signal. If the $2.25 support holds, a short-term rebound could follow.
Trade Setup:
• Entry Zone: $2.25 – $2.27
• Target 1: $2.30
• Target 2: $2.34
• Target 3: $2.42
• Stop Loss: $2.22