🔻 $CAKE /USDT Short Trade Alert! 🔻

📉 Entry: $2.526

💰 Current Price: $2.526

🎯 Take Profit Targets:

Target 1: $2.45 (Short-term support)

Target 2: $2.393 (Key downside target)

🛑 Stop Loss: $2.578 (Above local resistance)

📌 Key Levels:

Resistance: $2.527 - $2.578 (Supply zone)

Support Zones:

$2.45 (Liquidity zone)

$2.393 (Major support)

📊 Market Outlook:

CAKE/USDT has rejected resistance and is forming a bearish structure. A continuation downward is likely if price remains below $2.527.

⚠️ Risk Management:

Consider partial profit-taking at $2.45.

If price breaks above $2.578, short setup is invalidated.

📌 Pro Tip:

Look for a retest rejection of $2.527 before entering the trade for a higher probability setup.#cake $CAKE