$CAKE /USDT BULLISH BREAKOUT IMMINENT – BUY THE SURGE!
$CAKE E is showing strong bullish momentum after bouncing off support at $2.203. Price is trading above short-term moving averages (MA7 & MA25), indicating upward pressure. A decisive break above $2.290 could trigger a rapid rally toward the next resistance levels, supported by rising volume and bullish trend alignment.
Trade Setup:
Entry Zone: $2.250 – $2.265
Take Profit 1: $2.290
Take Profit 2: $2.320
Stop Loss: $2.200
Short Market Outlook:
Momentum is bullish on 15m, 1h, and 4h charts. The trend shows higher lows and consistent support at $2.203–$2.232. Immediate resistance sits at $2.290, while strong support holds at $2.203. Volume (12.75M CAKE) suggests buyers are dominating and a breakout is likely in the near term.
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#CAKE #CryptoTrading #BullishMomentum #TechnicalAnalysis #TradeSetup

