🍰 $CAKE /USDT – Range Support Holding, Eyes on Breakout! 📉📈
$CAKE is trading at $2.352, up +0.64% in the last 24h. After pulling back from a recent 4H high of $2.55, the price is attempting to stabilize near key support around $2.30–$2.35.
📊 Trade Setup:
Entry Zone: $2.33 – $2.36
Take Profit Targets:
TP1: $2.40
TP2: $2.48
TP3: $2.55
Stop Loss: $2.29
The structure shows a sideways consolidation with higher lows beginning to form. A break and close above $2.39 (24h high) could ignite another short-term rally.
💡 Pro Tip: Watch for increasing volume and momentum above $2.40. If confirmed, $CAKE could quickly push back toward the $2.50+ region.
