๐Ÿš€ $CAKE /USDT โ€“ Bullish Breakout Setup ๐Ÿš€

PancakeSwap ($CAKE ) is holding steady after dipping to $2.60 and rejecting lower levels. Bulls are eyeing a breakout if price reclaims momentum above near-term resistance.

๐Ÿ”‘ Key Levels

Support: $2.60 (strong base)

Resistance: $2.69 โ†’ $2.76 (breakout hurdle)

๐Ÿ“ˆ Trade Setup

Entry Zone: $2.62 โ€“ $2.64 (accumulation range)

Stop Loss: $2.58 (below key support)

Targets:

๐ŸŽฏ Target 1: $2.69

๐ŸŽฏ Target 2: $2.73

๐ŸŽฏ Target 3: $2.76+ (bullish breakout confirmation)

๐Ÿ“Š Market Sentiment

Buyers defended the $2.60 floor, signaling strength. A clean move above $2.69 could trigger momentum, while reclaiming $2.73 opens the path to retest $2.76 highs. Market sentiment leans positive, with traders watching for follow-through volume.

$CAKE

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