$CAKE – BULLS SHOWING STRONG DEFENSE!
$CAKE /USDT has rebounded from the $2.527 low with a strong green candle backed by rising buy volume, signaling that buyers are stepping in at key support. The chart shows a stabilization pattern, and holding above $2.55 could invite momentum toward $2.60–$2.63 resistance. A breakout above $2.63 would confirm bullish continuation, with $2.70 as the next major target.
Long Setup:
Entry: $2.55 – $2.57
Target 1: $2.63
Target 2: $2.70
Stop Loss: Below $2.52
As long as $CAKE stays above $2.52, bulls are favored, and momentum could carry price back into higher resistance zones.