🚨 CAKE/USDT 15-Min Analysis – Trade Signal Alert 🚨
Current Price: $2.6199
Timeframe: 15m
Bias: Mixed – Watching for Breakout or Breakdown
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🔻 Bearish Setup (Short Play)
Market Context:
BOS (Break of Structure) confirmed downward shift.
Rejection from Fair Value Gap (FVG) near $2.66.
RSI: Dropping below 50 (currently 46.33), showing weakening bullish strength.
Volume is fading after bullish momentum — signs of distribution.
Setup:
Entry Zone: $2.63 – $2.66 (retest of rejected FVG)
Stop Loss: Above $2.685
Targets:
🎯 TP1: $2.58
🎯 TP2: $2.52 (First strong demand reaction zone)
🎯 TP3: $2.48 (Major confluence zone – OB + FVG)
Risk-to-Reward (R:R): Excellent (avg. 1:2.5)
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🔼 Bullish Setup (Bounce Play)
Scenario:
Price could dip into the strong demand zone between $2.48 – $2.52 and find a bullish reversal.
OB + FVG + Psychological Round Level Support = High confluence.
Watch RSI for a bullish divergence or crossover near the zone.
Setup:
Entry Zone: $2.48 – $2.52
Stop Loss: Below $2.45
Targets:
🎯 TP1: $2.58
🎯 TP2: $2.63 (Fair Value Gap retest)
🎯 TP3: $2.66 – $2.68 (local high / breakout level)
Bonus Setup:
If $2.68 is broken with volume, prepare for breakout longs targeting $2.74 and beyond.
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⚠️ Reminder:
Use proper risk management (1-2% risk per trade)
Scalp/intraday setups – Don’t hold overnight without confirmation
Watch for news events or sudden volume spikes that could shift bias quickly