Hereโs your quick โก๏ธ $CAKE /USDT (Perp) trade setup
๐ Market Overview
๐ฐ Last Price: 2.7604 USDT
๐ 24h High: 2.8344
๐ 24h Low: 2.6204
INR Price: โน786.30 (+0.78%)
๐งฎ Mark Price: 2.7606
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๐ Key Levels
๐บ Resistance ๐ฅ ๐ฐ Current ๐ข Support ๐ฉ
2.83, 2.85 2.7604 2.70, 2.65, 2.62
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๐ Volume Insights
24h Vol (CAKE): 20.30M
MA(5): 1.12M
MA(10): 1.06M
๐ Neutral volume โ no major spike
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๐ก Trade Setup Ideas
๐ข Long Setup (Support Entry):
Entry Zone: 2.62 โ 2.66
TP1: 2.83
TP2: 2.95
SL: below 2.60
๐ด Short Setup (Rejection Play):
Entry Zone: 2.83 โ 2.85
TP1: 2.72
TP2: 2.62
SL: above 2.88
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๐ Summary
Bias: Slight bullish ๐ผ (higher lows)
Trend: Consolidating near mid-range
Watch for: Clean breakout above 2.85 for trend continuation ๐
Need help analyzing 15m or 4h chart for confirmation? ๐๐
#Cake #CAKEtoken #StablecoinLaw #AltcoinBreakout #Write2Earn
