$CAKE /USDT BULLISH CONTINUATION SETUP

$CAKE/USDT is showing strong bullish momentum as it trades above the midline of the Bollinger Bands with the MACD in positive territory. The price has recently bounced from support near 2.236 and is targeting the upper resistance zone.

Trade Setup:

Long Entry: 2.271–2.280

Take Profit (TP): 2.290 / 2.300

Stop Loss (SL): 2.245

Analysis:

Bollinger Bands indicate upward pressure with price testing the upper band. MACD shows bullish crossover with DIF above DEA, confirming momentum continuation. Watch for strong resistance at 2.290–2.300 for partial profit-taking.

Risk Management:

Use proper position sizing; risk 1–2% of capital per trade. Avoid chasing if price breaks below SL.

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