🚀$CAKE /USDT Trade Analysis — Bullish Momentum Setup 🚀🤔🔐👇

📊 Current Price: $2.659

🕐 1H Chart Observation:📊

Strong bullish breakout above the $2.60 resistance level.

$CAKE Price is riding along the 20 EMA support at $2.60, showing immediate strength.

RSI is at 64.79, suggesting bullish momentum but not yet overbought — still room for upside.

Short-term MA stack is perfectly aligned: Green > Blue > Yellow > Red — indicating bullish trend continuation.

🕒 1D Chart Observation:📊

Macro breakout continues, pushing through multi-day highs with strong green candles.

Daily EMAs are supporting a full bullish alignment:

20 EMA: $2.40 ✅

50 EMA: $2.33

100 EMA: $2.28

200 EMA: $2.24

RSI at 67.07 shows strength with gradual increase in buying momentum.

🎯 Trade Strategy (Short-Term Bullish Bias):

Entry: On small dips around $2.62–$2.64

Target 1: $2.74

Target 2: $2.83

Stop-loss: Below $2.59 (1H support & EMA base)

🕰️ Trade Duration: 1–2 Days (Quick swing setup)

📌 Why Bullish?🔥

EMA compression and breakout show growing volume and strength.

RSI trend is aligned with bullish pressure on both timeframes.

Higher lows and higher highs forming a strong ascending structure.

🔁 Buy the Dip Idea: Any wick below $2.60 is a short-term opportunity unless market structure breaks below 1H trendline.

💡 If Bitcoin stays stable or bullish, altcoins like $CAKE will likely continue this momentum — ride the wave but trail your stops for safety.

🧠 "Stay patient in entries, aggressive in exits. Discipline beats luck."

📉 This is not financial advice. Do your own research before investing.

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