⚠️ $CAKE /USDT IN FREE FALL! CAN THE BULLS DEFEND SUPPORT? 📉🔥
📉 Current Price: $2.04
🔹 Resistance Levels: $2.10 - $2.18 - $2.23 (24H High)
🔹 Support Levels: $2.03 (24H Low) - $2.00 - $1.95
📌 Trade Setup:
📈 LONG ENTRY: Above $2.10
🎯 Targets: $2.18 - $2.23 - $2.30
🛑 Stop Loss: Below $2.05
📉 SHORT ENTRY: Below $2.03
🎯 Targets: $2.00 - $1.95 - $1.90
🛑 Stop Loss: Above $2.08
📊 Market Outlook:
CAKE/USDT is in a strong downtrend. If $2.03 breaks, expect more downside pressure. Bulls need a breakout above $2.10 for any reversal. Stay cautious!
💡 Risk Management: Always use Stop Loss, control leverage, and risk only 1-2% per trade.
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