$CAKE /USDT – Bullish Momentum Returns! 🚀
Current Price: $2.290 (+7.16%)
📊 Market Structure:
Strong recovery from local low of $2.122
Higher lows and bullish engulfing candles forming
Price approaching resistance at $2.30
📍Key Levels:
Resistance: $2.297
Support: $2.200
Breakout Level: $2.300
📈 Trade Setup:
Entry Zone: $2.26 – $2.29
TP1: $2.35
TP2: $2.42
TP3: $2.55
Stop Loss: $2.19
💡 Pro Tip:
Wait for a clean breakout above $2.30 with volume before entering full size. Retracements to $2.25 can offer solid re-entry points.
Momentum is building—watch $CAKE for the next big leg up!
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