$CAKE BREAKOUT – STRONG BULL MOMENTUM BUILDING!
$CAKE /USDT is trading at $2.61 (+9.24%) after breaking above $2.60 resistance with heavy volume. Price action shows consistent higher lows and strong DeFi rotation. With the daily high just tapped, a continuation toward $2.72+ is likely if momentum holds.
TRADE SETUP (LONG IDEA)
• Entry: $2.57–$2.61
• TP1: $2.72
• TP2: $2.88
• TP3: $3.05
• Stop-Loss: $2.45
• Outlook: Bullish continuation likely while price stays above $2.50. Clean breakout setup with rising volume.
PRO TIP: Watch for consolidation near $2.72—scaling out gradually helps lock in gains without missing upside.
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