New Crypto Trade Alert 📈🚀️️
Token: $CAKE
Direction: LONG
Leverage: 3-5x
Research: Cake has rebounded strongly from a key support level, signaling bullish momentum. The 4-hour chart shows a positive crossover in the MACD, accompanied by a noticeable increase in trading volume, further reinforcing the potential for an upward trend.
Entry Range: 2.50$ - 2.54$
Target 1: 2.60$
Mid Term
Target 2: 2.79$
Stop Loss : 2.29$
Enter partially and average out your buy price as long as it remains within the entry range.
The market is going to be highly volatile in the coming few days. Remember to book some profits at each target price (TP) and move your stop-loss (SL) to breakeven. Keep in mind current market conditions and risk management. Always do your own research.