$CAKE /USDT BULLISH ANALYSIS – LONG ENTRY SETUP

$CAKE has shown strong upward momentum with price breaking near recent highs, supported by rising volume and an RSI near 67 indicating continued buying pressure but not yet overbought. The market structure favors bullish continuation if momentum sustains above support.

LONG ENTRY: Above 2.80

TARGETS (TP): 2.90 – 3.05 – 3.20

STOP LOSS (SL): Below 2.68

RISK MANAGEMENT: Risk only 2-3% per trade, adjust position sizing to account for volatility, and trail stop once the first target is achieved.

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