$CAKE Uptrend Still Intact
Testing resistance near $2.66
CAKE climbed steadily from $2.39 and is now near $2.59. Bulls holding the move well.
Long Trade Setup:
• Entry Zone: $2.55 – $2.59
• Stop Loss: Below $2.50
• Target 1: $2.66 Resistance
• Target 2: $2.70 Breakout zone
⚠️ Risk Note:
Watch for rejection at $2.66, or wait for candle close above it.
Next Move:
Break above $2.66 could lead to $2.74–$2.80 upside.