CAKE is bouncing off the 0.38% daily range, eyeing the 1.02 resistance as buyers regain momentum.
🟢 $CAKE LONG 📈
Entry $2.1328-$2.1370 | SL $2.0709 (-3.0%) | TP1 $2.1669 (+1.5%) | TP2 $2.2416 (+5.0%) | R/R 1:1.7 | Conf 65%
A CHoCH broke the prior swing low, the CVD turned bullish, and a fair value gap aligns with an order block, giving a solid POI. The price is now sitting on the OB/FVG overlap, setting up a clean long entry.
A 3.0% stop is relatively tight; use no more than 5x leverage to keep risk manageable.
Take half profit around the 1.07 target as the next minor resistance forms.
Not financial advice — trade only what you can afford to lose 🙏
$CAKE #CAKEUSDT #Cardano #TradingSignals #Write2Earn
🟢 $CAKE LONG 📈
Entry $2.1328-$2.1370 | SL $2.0709 (-3.0%) | TP1 $2.1669 (+1.5%) | TP2 $2.2416 (+5.0%) | R/R 1:1.7 | Conf 65%
A CHoCH broke the prior swing low, the CVD turned bullish, and a fair value gap aligns with an order block, giving a solid POI. The price is now sitting on the OB/FVG overlap, setting up a clean long entry.
A 3.0% stop is relatively tight; use no more than 5x leverage to keep risk manageable.
Take half profit around the 1.07 target as the next minor resistance forms.
Not financial advice — trade only what you can afford to lose 🙏
$CAKE #CAKEUSDT #Cardano #TradingSignals #Write2Earn