$CAKE – I’m Riding the Short Bias Here

$CAKE failed to hold above $2.77 — and now it’s sliding. I’m seeing weakness all over the chart. Bears stepping in hard.

This move looks real — not just noise.

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My Key Zones

• Entry Zone: $2.69 – $2.72

• Resistance: $2.78 – clear invalidation

• Support Targets: $2.63 → $2.55 → $2.48

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⚠️ How I’m Playing It

I’m shorting into strength below $2.73

Stop is tight above $2.78 — no hesitation

First target hit? I’m locking partials and trailing the rest

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🎯 Trade Plan (Not advice)

• Short Entry: $2.69 – $2.72

• SL: Above $2.78

• TP1: $2.63

• TP2: $2.55

• TP3: $2.48

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I’m trading with discipline — tight risk, clean setup. As long as price stays below $2.78, I’m on this side.

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