$CAKE /USDT – BULLISH BREAKOUT IMMINENT

Current Price: $2.406

Trend: Bullish Bias on 4H & Daily Charts

KEY LEVELS

Resistance: $2.48 (Breakout Zone)

Support: $2.25 (Key Demand Zone)

Mid-Level Pivot: $2.36 (Acting as minor support)

TRADE SETUP – LONG POSITION

Entry: $2.42–$2.44 (on confirmation above $2.41)

Target 1 (TP1): $2.48

Target 2 (TP2): $2.60

Stop Loss (SL): $2.35 (below mid-pivot zone)

Setup Notes:

Break above $2.48 could lead to strong bullish momentum. Watch volume surge for confirmation. A pullback to $2.36 zone may offer a better entry.

RISK MANAGEMENT

Use 2–3% of capital per trade. Respect SL. Avoid chasing the trade if breakout fails. Patience = Profits.

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