$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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