CAKE/USDT – Bullish Momentum Confirmed 🚀
Current Price: $2.174 (+11.20%)
Recent Surge: From $1.354 to a high of $2.220, signaling strong buying momentum.
Key Support: Holding above $2.07 is crucial for further upside.
Breakout Watch: A move above $2.22 could push toward $2.50.
Indicators: Rising volume and RSI near 70 suggest continued strength.
Long Setup
Entry: $2.10 - $2.17
Targets: $2.25, $2.38, $2.50, $2.65
Stop Loss: $1.98
Short Setup (If Rejection at $2.22-$2.25)
Targets: $2.10, $1.95
Stop Loss: $2.30