š„ $CAKE KE Heating Up ā Bullish Breakout or Fakeout? š„
š° CAKE just pumped from $1.50 to $2.50! Could this be the start of a massive trend reversal? Letās break it down! šš
š Technical Breakdown:
ā
RSI at 66 ā Strong momentum but nearing overbought territory
ā
MACD Bullish ā Trend shift confirmed!
ā
MA7 Above MA25 ā Short-term uptrend gaining strength
ā
Volume Surge ā Big money entering the market!
šÆ Trading Strategies:
š¹ Breakout Play: If $$CAKE holds above $2.50, next targets are $3.00 and $3.50
š¹ Pullback Buy: Look for support around $2.20-$2.30 for a potential re-entry
š¹ Take Profits: If RSI crosses 70, consider partial profit-taking
š Will $CAKE claim $3.50+? Drop your thoughts below and FOLLOW for more trade insights! š¢š
ā ļø Not financial advice. Do your own research before investing!
#Crypto #Binance #Altcoins #Trading #$CAKE