📉 $CAKE Short Trade Setup – Ride the Dip! 🍰
🔻 Entry Zone: $2.45 – $2.50
🎯 Targets:
✅ TP1: $2.30 – First slice of profit 🍰
✅ TP2: $2.15 – Deeper dip incoming! 📉
✅ TP3: $2.00 – Full serving of gains! 💰
🛑 Stop Loss: $2.60 – Risk well managed!
📊 Key Levels:
🔼 Resistance: $2.63 – Sellers holding the fort!
🔽 Support: $2.30 – First break zone! ⚠️
⚡ Market Insight: CAKE is losing momentum after testing resistance at $2.63. A breakdown from the entry range could trigger a smooth descent toward lower targets. Smart traders are watching this closely!