$CAKE /USDT BULLISH CONTINUATION EXPECTED AFTER SUPPORT HOLD

Market Structure: Price action is forming a consolidation after a strong swing from lower support levels, with repeated defense above key demand zone, indicating accumulation and potential bullish continuation.

Key Levels: Support: 0.0491 / 0.0468

Resistance: 0.0536 / 0.0540

Long Entry: Breakout entry above 0.0536 with strong candle close

OR

Pullback entry in 0.0500 – 0.0505 accumulation zone

Targets: TP1: 0.0540

TP2: 0.0565

TP3: 0.0600

Stop Loss: Below 0.0468 (swing invalidation)

Risk Management: Risk only 1–2% per trade, avoid over-leveraging, secure partial profits at each target, and move SL to breakeven after TP1 hit.

#CryptoAnalysis #PriceAction #BreakoutSetup #TechnicalAnalysis $CAKE