$CAKE USDT – STRONG REBOUND FROM INTRADAY LOWS!
BUYERS DEFEND $2.60 – EARLY SIGNS OF RECOVERY EMERGE
$CAKE faced a sharp pullback from $2.832 but has shown a swift bounce near the $2.608 low. A bullish candle is now forming on the 4H chart, indicating potential for reversal if momentum sustains.
Bullish insights:
Price defending the $2.60 key support zone
Early bullish candle after multiple red sessions
Volume remains healthy, suggesting active buyers on dips
LONG SETUP:
Entry: $2.66–$2.68
Targets: $2.73 and $2.78
Stop Loss: $2.59
If CAKE reclaims $2.70 with strong volume, a continuation move toward $2.80+ is likely.
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