$CAKE $CAKE Short Liquidation Alert: $20.204K at $2.64769
🔥 Shorts Just Got Wrecked! CAKE saw a short liquidation at $2.64769, indicating strong buying momentum. If this trend holds, further upside could follow.
📌 Buy Zone: $2.6200 – $2.6400
🎯 Targets:
Short-Term: $2.7200
Mid-Term: $2.8100
🔻 Stop Loss: $2.5900 (To minimize downside risk)
📊 Analysis: This liquidation signals that sellers are losing grip, allowing bulls to drive prices higher. If CAKE stays above the buy zone, a push toward higher resistance levels is likely. However, if momentum weakens, expect slight pullbacks before another surge.
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